Adidas AG

euro adhoc: adidas AG
Earnings Forecast
adidas Group adjusts net income guidance for 2007

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09.11.2006

The Executive Board of adidas AG has decided to increase investment in the Reebok segment in 2007. This includes investments in advertising, new media, point-of-sale communication, product development and initiatives to grow the brand in emerging markets. Management believes this strategy will significantly strengthen Reebok’s medium- and long-term position in the marketplace. As a result, Reebok’s profit growth in 2007 will be lower than originally expected. Therefore, 2007 net income growth for the Group is now projected to approach 15% against the 2006 level. Originally, the Group had expected to grow net income by 20%.

The Group’s medium-term guidance remains unchanged. Detailed guidance for 2007 will be provided with the announcement of the Group’s 2006 Full Year Results on March 7, 2007.

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ots Originaltext: Adidas AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
Dennis Weber
+49 (0)9132 84 2920
dennis.weber@adidas.de

Branche: Recreational & Sports goods
ISIN:      DE0005003404
WKN:        500340
Index:    DAX, HDAX, Prime All Share, CDAX
Börsen:  Frankfurter Wertpapierbörse / official dealing/prime standard
              Börse Berlin-Bremen / 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



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