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Successful issue of the convertible bond by adidas-Salomon

Wed, 27 August 03

Herzogenaurach, August 27, 2003 - adidas-Salomon AG successfully offered today via a Dutch subsidiary a € 400 million convertible bond. The coupon was fixed at 2.5% and the conversion premium at 40%. 

Proceeds from the offering will allow the Group to optimize its debt structure and financing terms.

The convertible was offered by Deutsche Bank and Dresdner Kleinwort Wasserstein as joint lead manager and joint bookrunner via a bookbuilding process solely to institutional investors outside the United States, Canada and Japan. HSBC and HVB Corporates & Markets acted as Co Managers.

This notice is not an offer for sale or a solicitation of an offer to purchase the above-mentioned convertible bond or any other security of adidas-Salomon AG. 

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