RNS Number:5609U
Amer Group PLC
23 January 2004


Amer Group Plc

                                                                January 23, 2004

             AMER GROUP'S PRECOR ACQUIRES CLUBCOM AND CARDIO THEATER

Amer Group Plc's Fitness Equipment business, Precor Inc., is further
strengthening its position in the fitness market by acquiring ClubCom, a
provider of private television networks to clubs and fitness facilities. In
addition, Precor is also acquiring ClubCom's video hardware and system division
Cardio Theater. The total consideration for the acquisition is USD 22 million.

ClubCom's offering includes audio/video entertainment and network systems, with
technology enabling clubs to customize programming. Cardio Theater is the US
market leader in video hardware and systems in clubs and fitness facilities. The
acquisition excludes ClubCom's advertising sales division.

ClubCom's technology platform is expected to enhance Precor's growth potential
as a result of its full-line product offering and value-added services. The
annual sales of the acquired businesses of ClubCom and Cardio Theater are
approximately USD 15 million, of which the majority relates to Cardio Theater.
Cardio Theater's operations are profitable, whereas ClubCom is a developing
technology requiring investment. ClubCom is based in Pittsburgh, PA, USA and
employs 67 staff.

The ClubCom acquisition closely follows the purchase of Fitness Products
International on 13 January 2004, best known for its Icarian strength equipment
brand. These acqusitions have enabled Precor to improve its product offering at
a time when the fitness market is both consolidating and focusing on developing
stronger relationships with suppliers who can offer a complete range of
products. Precor also expanded its service offering recently by introducing a
new financing program for commercial customers.

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 world's leading
manufacturer of 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 Max Alfthan, Vice President, Corporate Communications, tel. +358 9 7257 8216
Mr Pekka Paalanne, Senior Vice President & CFO, tel. +358 9 7257 8212
www.clubcom.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.



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