adidas-Salomon Signs € 800 million Revolving Credit Facility

Herzogenaurach, February 17, 2005 - adidas-Salomon today signed its € 800 million Revolving Credit Facility, which will serve as a replacement for the medium-term lines that the Group terminated in the summer of 2004. This measure will allow adidas-Salomon to continue to improve its financing structure by further optimizing fees and extending maturities of its available credit lines.

The facility, which matures in February 2010 and includes two one-year extension options exercisable at the end of the first and second years, was arranged by Barclays Capital, The Royal Bank of Scotland plc, BNP Paribas, HSBC Bank plc and WestLB.

Syndication was launched at the beginning of 2005 to a selected group of adidas-Salomon's relationship banks and the transaction closed significantly oversubscribed. However, adidas-Salomon decided not to increase the facility and banks were scaled back accordingly.

adidas-Salomon was able to take advantage of excellent loan market conditions, signing this medium-term facility at a commitment fee of 5.5 basis points p.a. The margin is 17.5 basis points p.a. A utilization fee of 7.5 basis points p.a. is due, should drawings exceed 50% of the facility amount. Documentary conditions were equally favorable.

adidas-Salomon is one of the global leaders within the sporting goods industry and offers a broad range of products with brands such as adidas, Salomon and TaylorMade in its portfolio. In 2004, the adidas-Salomon Group posted net sales of € 6.5 billion and net income of € 314 million.