Amer Group Plc: Fidelity's holding in company

Pursuant the Finnish Securities Market Act (Section 2:9), Amer Group Plc has been notified that Fidelity International Limited and its direct and indirect subsidiaries together now own 1,212,340 Amer Group Plc's shares, representing 4.97% of the Company's share capital and voting rights.

Fidelity's holding in Amer fell below 5% on 21 October 2003.

Amer Group's capital consists of 24,394,570 shares in issue.

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