Registration AGM Resolution

RNS Number:3916L
Amer Group PLC
21 May 2003

                                                                   21 May 2003





                                 AMER GROUP PLC
                   REGISTRATIONS OF AMER GROUP'S AGM RESOLUTIONS



Amer Group Plc's Annual General Meeting approved on 20 March 2003 that the
registered share capital of Amer Group be decreased by EUR 3,873,200 by
cancelling without payment those 968,300 of its own shares the Company holds.
The registration notification about the decrease was delivered to the Trade
Register after the one month time appointed. Thus, according to the Companies
Act, the AGM resolution to decrease the Group's share capital has lapsed.


Because the shares to be cancelled are held by the Company, the
failedregistration has no impact whatsoever on the operations of the Group or on
its financial status. Therefore, the Group's Board of Directors has decided that
the matter will be re-resolved in the AGM of 2004 and no extraordinary meeting
will be arranged.


Amer Group's share capital totals EUR 96,906,080 and the total number of shares
in issue is 24,226,520.


The AGM's resolutions to change the terms of the 2002 warrant scheme as well as
to issue a new warrant scheme to the Group's key personnel will be registered in
May.


Amer Group Plc
Communications


Paivi Antola
Communications Manager

For further information, please contact:
Mr Pekka Paalanne, Senior Vice President & CFO
tel. [phone]

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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