Amer Sports announces next stage in plan to optimize the structure of its Winter and Outdoor business; winter sports equipment sales lower than expected in December

Despite the good snow conditions in most of the important winter
sports markets during December, last year's reorder levels of winter
sports equipment remained low. Amer Sports winter sports equipment
sales for 2007 decreased 27% compared with 2006 (previous estimate
was approximately 20%).

Amer Sports is announcing the next stage plan as follows:

According to the new plan there will be major changes in the
structure of the group's Winter and Outdoor business. The
reorganization plan announced today is estimated to reduce
approximately 400 positions globally during the next 12 months. The
goal is to finalize the new structure during the spring of 2008."We continue to develop our business model, with a goal of reaching a
solid level of profitability for our winter sports business
regardless of market conditions. This includes cost leadership
enabling us to continue to invest in our strong brands. Our ambition
is to increase our market share in winter sports equipment from its
current 30% level to 40% globally," says Roger Talermo, Amer Sports
Corporation President and CEO.

The one-time cost of the reorganization is estimated to be EUR 40
million. The cost will be accounted for in the Amer Sports 2007
financial statements. Amer Sports expects to realize annual
cost-savings of EUR 20 million in 2009.

According to the plan, the industrial production of winter sports
equipment will be separated from the Salomon and Atomic brand
organizations. As a result of this action, the manufacturing of skis
is planned to end in France, as is the manufacturing of ski boots in
Austria. Purchasing and sourcing activities will be further
consolidated.

Wilhelm Kerl, currently the Director of Operations at Atomic, is
appointed as Vice President of Operations for Amer Sports Winter
Sports Equipment, reporting to Michael Schineis, the President of
Amer Sports Winter Sports Equipment.

Overlaps in R&D, sales, and administrative functions will be
minimized.

Annecy, France will become the group's competence center for ski
boots, cross-country boots and bindings, outdoor apparel, footwear
and cycling. Altenmarkt, Austria will become the competence center
for gliding products.

The strategic targets for the Winter Sports Equipment business are:
* to create the most efficient and flexible industrial network in the
  industry, enabling cost leadership
* to bring innovative products to market and offer continuously
  better consumer solutions for winter sports
      enthusiasts at every level
* to invest in and enforce the position of the two strongest brands
  in the industry through Salomon's and Atomic's
      unique characteristics and market positioning

Labor negotiations with employees have been started. Amer Sports will
work in close collaboration with workers' representatives. All final
decisions are subject to applicable local employee information and
consultation processes and other regulatory requirements.

For further information, please contact:
Mr Pekka Paalanne, Executive Vice President, Amer Sports, tel. +358 9
7257 8212

AMER SPORTS CORPORATION
Communications


Ms Maarit Mikkonen
Communications Manager
Tel. +358 9 7257 8306, e-mail: maarit.mikkonen@amersports.com


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www.amersports.com


AMER SPORTS CORPORATION
Amer Sports (www.amersports.com) is the world's leading sports
equipment company with internationally recognized brands including
Salomon, Wilson, Precor, Atomic and Suunto. All Amer Sports companies
develop and manufacture technically advanced products that improve
the performance of active sports participants. The Group's business
is balanced by its broad portfolio of sports and presence in all
major markets.