Issue of Equity

RNS Number:3692R
Amer Group PLC
28 October 2003


Amer Group Plc STOCK EXCHANGE ANNOUNCEMENT 1(1)
October 28, 2003 

Amer Group: Exercise of 1998 warrants

A total of 10,500 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 42,000 was registered on 28 October
2003. As a result of this increase, Amer Group Plc's share capital now totals
EUR 97,620,280 and the total number of shares in issue is 24,405,070.

Shareholder rights commence from the registration date. The new shares will be
listed on the Helsinki Exchanges on 29 October 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. [phone]

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.




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

END
IOEEANEPAEEDFEE