RNS Number:6113S
Amer Group PLC
28 November 2003


Amer Group Plc
November 28, 2003

                      Amer Group: Exercise of 1998 warrants

A total of 48,450 Amer Group Plc shares have been subscribed for as a result of
an exercise of its 1998 A/B/C warrants. The corresponding increase in the
Company's share capital amounting to EUR 193,800 was registered on 28 November
2003. As a result of this increase, Amer Group Plc's share capital now totals
EUR 97,814,080 and the total number of shares in issue is 24,453,520.

Shareholder rights commence from the registration date. The new shares will be
listed on the Helsinki Exchanges on 1 December 2003 and will also be listed on
the London Stock Exchange.

AMER GROUP PLC
Communications

Paivi Antola
Communications Manager

For further information, please contact:
Mr Jari Melgin, Corporate Treasurer, tel. +358 9 7257 8233

DISTRIBUTION:

Hex Helsinki Exchanges
Major media

AMER GROUP PLC

Amer Group is one of the world's leading sports equipment companies with its
internationally recognised brands Wilson, Atomic, Suunto and Precor. 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. In
2002 Amer Group made an operating profit of EUR 103.0 million on net sales of
EUR 1,101.9 million. Earnings per share were EUR 2.95. At the end of 2002 the
Company had 3,939 employees.






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