RNS Number:1517U
Amer Group PLC
13 January 2004


                                                                 13 January 2003

                                 Amer Group Plc
                                        
    AMER GROUP'S FITNESS EQUIPMENT BUSINESS AREA EXPANDS TO STRENGTH TRAINING
                                        
Amer Group Plc's Fitness Equipment business area, Precor Inc., is strengthening
its position as a full-line supplier of fitness equipment by acquiring Fitness
Products International (FPI), a strength product producer. Consideration for the
acquisition is USD 11.8 million. FPI's main brand is Icarian.

The fitness club market is consolidating and club chains now value full-line
fitness equipment suppliers more highly. Precor's offering is also complemented
by financing solutions for fitness clubs, as well as an established
international distribution network.

FPI's offerings include single and multi-station selectorised equipment, free
motion models and plate equipment. FPI's annual sales are approximately USD 13
million and the company is profitable. The company employs 110 people.

Precor manufactures technically advanced premium-quality fitness equipment for
the commercial and home markets, featuring aerobic exercise equipment, and
stretching and strength-training systems. Precor is the recognised global leader
in elliptical cross-trainers.

AMER GROUP PLC
Communications

Paivi Antola
Communications Manager
Tel. +358 9 7257 8306, e-mail: firstname.lastname@amersports.com
www.amersports.com

Further information:

Mr Pekka Paalanne, Senior Vice President & CFO, tel. +358 9 7257 8212
Mr Jari Melgin, Corporate Treasurer, tel. +358 9 7257 8233

www.fpifit.com
www.precor.com

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.




                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
MSCUOAKRSORAARR