Adidas AG

euro adhoc: adidas-Salomon AG
Mergers - Acquisitions - Takeovers / adidas-Salomon to combine with Reebok

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03.08.2005

Herzogenaurach / Canton, MA - The Boards of adidas-Salomon AG and Reebok International Ltd. decided that adidas will acquire all of the outstanding shares of Reebok for US$ 59.00 per share in cash. The offer price represents a premium of 34.2 percent over the closing price of Reebok’s stock on August 2, 2005. The transaction value is approximately EUR 3.1 billion (US$ 3.8 billion) including the assumption of net cash of EUR 69 million (US$ 84 million). The transaction is subject to the approval of Reebok’s shareholders as well as to the regulatory approvals and customary closing conditions. Both companies believe that the transaction will close in the first half of 2006.

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ots Originaltext: adidas-Salomon AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:
Henrik Orth
Junior Investor Relations Officer
Telefon:  +49(0)9132 84 29 20
E-Mail: Henrik.Orth@adidas.de

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



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