03.08.2005 – 07:31

adidas AG

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

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.

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.

end of announcement                               euro adhoc 03.08.2005 06:55:51

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