adidas Nine Months 2008 Results

During the third quarter of 2008, Group revenues grew 11% on a currency  neutral basis, driven by double digit sales growth in the adidas and TaylorMade adidas Golf segments.

While adidas revenues increased 15%, TaylorMade adidas Golf sales grew 12% on a currencyneutral
basis. Revenues in the Reebok segment declined 1%. Currency movements negatively impacted Group sales in euro terms.

Group revenues grew 5% in euro terms to € 3.083 billion in the third quarter of 2008 from € 2.941 billion in 2007. During the first nine months of the year, adidas Group sales grew at double digit rates in all regions except North America where revenues declined.

Group sales in Europe grew 13% on a currency neutral basis in the first nine months of 2008 as a result of strong increases in most countries. In North America, Group revenues declined by 7% on a
currency neutral basis due to lower sales in the USA.

Sales for the Group in Asia increased 23% on a currencyneutral basis in the first nine months of 2008, driven by particularly strong growth in China. In Latin America, currency neutral sales grew 39% in the first nine months of the year, with double digit increases coming from all of the region's major markets.

This development wasalso supported by the first time consolidation of Reebok's joint ventures in the region. Currency translation effects negatively impacted sales in euro terms in all regions. Sales in Europe increased 9% in euro terms to € 3.776 billion in 2008 from € 3.455 billion in 2007.

Revenues in North America decreased 17% to € 1.871 billion in 2008 from € 2.248 billion in the prior year. In euro terms, revenues in Asia grew 16% to € 1.875 billion in 2008 from € 1.616 billion in 2007. Sales in Latin America grew 34% to € 647 million in 2008 from € 484 million in the prior year.