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03.11.2005 – 19:09

adidas AG

euro adhoc: adidas-Salomon AG
Restructuring & Recapitalisations / adidas-Salomon AG Intends to Place approximately 4.5m Shares

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
Herzogenaurach - Following approval by the Supervisory Board, the
Executive Board of adidas-Salomon AG today decided to increase the
company’s share capital against contribution in cash, with the
exclusion of shareholders’ pre-emptive rights. The company intends to
increase its capital by issuing approximately 4.5 million
adidas-Salomon AG common shares by way of an accelerated bookbuild
offering to German and international institutional investors
(including a placement to qualified institutional buyers in the U.S.
in reliance on Rule 144A under the U.S. Securities Act of 1933).
The proceeds of the offering, which amount to approximately EUR 640
million, will contribute to the financing of the acquisition of
Reebok International Ltd, which is planned for completion in the
first half of 2006.
The size of the offering equates to approximately 10% of the
company’s outstanding share capital. Deutsche Bank AG and Merrill
Lynch International have been appointed to act as Joint Global
Coordinators and Joint Bookrunners. Pricing and allocation of the new
shares is expected to occur on November 4, 2005.
Media/IR Contacts:
adidas-Salomon AG
Adi-Dassler-Str. 1
91074 Herzogenaurach
Media Relations
Jan Runau
Head of Corporate PR
Tel.: +49 (0) 9132 84-3830
Anne Putz
Corporate PR Manager
Tel.: +49 (0) 9132 84-2964
Investor Relations
Natalie M. Knight
Head of Investor Relations
Tel.: +49 (0) 9132 84-3584
Hendric Junker
Investor Relations Manager
Tel.: +49 (0) 9132 84-4989
Please visit our corporate website:
end of announcement                               euro adhoc 03.11.2005 18:33:24

Further inquiry note:

Dennis Weber
+49 (0)9132 84 2920

Branche: Recreational & Sports goods
ISIN: DE0005003404
WKN: 500340
Index: Prime Standard, DAX, HDAX, Prime All Share, CDAX
Börsen: Berliner Wertpapierbörse / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Niedersächsische Börse zu Hannover / free trade
Bayerische Börse / free trade
Bremer Wertpapierbörse (BWB) / free trade
Frankfurter Wertpapierbörse / official dealing

Original content of: adidas AG, transmitted by news aktuell