Issue of Equity

RNS Number:7836L
Goldman Sachs International
2 June 2003


The 'Issue of Equity' announcement released today at 07.01 
under RNS No 7832L has been re-released to facilitate onward 
transmission by third party vendors.

The announcement is unchanged and is reproduced in full below.




Goldman Sachs International is placing an aggregate of 6,706,960 shares of Puma
AG Rudolf Dassler Sport on behalf of Monarchy Enterprise Holdings B.V. and its
partners and affiliates in an accelerated bookbuilt offering.  The offering is
being made under Regulation S and Rule 144A of the U.S. Securities Act of 1933.




This announcement is not an offer of securities for sale in the United States.
The offer and sale of Puma shares has not been, nor will it be, registered under
the United States Securities Act of 1933 and the Shares may not be offered or
sold in the United States absent such registration or an applicable exemption
from registration.  Any public offering of securities to be made in the United
States will be made by means of a prospectus that may be obtained from the
issuer or the selling security holder and that will contain detailed information
about the issuer and its management, as well as financial statements.





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