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SHAREHOLDINGS OF ADIDAS AG, HERZOGENAURACH
as of December 31, 2007

Company and Domicile   Currency Equity
(currency units in thousands)
 Share in capital held by8)
in %
         
62 Reebok International Finance B.V.  Rotterdam (Netherlands) USD  1,278
97 100
 63 Reebok Sports Limited   Bolton (Great Britain)  USD  42,638
 57  100
 64 J.W. Foster & Sons (Athletic Shoes) Limited7)12)  Bolton (Great Britain)  GBP  —
 57  100
 65 The Rockport Company Limited7)12)  Bolton (Great Britain)  GBP  —
 57  100
 66 Reebok Eastern Trading Limited7)  Bolton (Great Britain)   USD  3,112
 57  100
 67 Reebok Pensions Management Limited12)  Bolton (Great Britain)  GBP  —
 57  100
 68 Reebok Europe Holdings
Bolton (Great Britain)
 GBP  52,658
57
 100
 69 Reebok Austria GmbH
Bergheim (Austria)
 EUR  6,724
 68
63
 99
1
70
ASL American Sports and Leisure Vertriebs GmbH
Bergheim (Austria)
 EUR  996
 69  100
71
Reebok Italia Srl
Monza (Italy)
 EUR  6,996
 28  100
72
Reebok Europe B.V.
Rotterdam (Netherlands)
 EUR  15,403
 68  100
73
Reebok Nederland (Retail) B.V.
Leusden (Netherlands)
 EUR  (1,100)  72  100
74
Reebok Ireland Limited
Dublin (Ireland)
 EUR  8,091
 25  100
75
Reebok France S.A.
Buc (France)
 EUR  7,960
 68  100
76
Reebok France Retail SARL
Buc (France)
 EUR 206
75  100
77
Reebok Belgium SA
Brussels (Belgium)
 EUR  3,302
 68  100
78
Reebok Deutschland GmbH
Herzogenaurach (Germany)
 EUR  19,854
 97
68
 25
75
79
ASL American Sports and Leisure Vertriebs GmbH
Herzogenaurach (Germany)
 EUR 1,933
 78  100
80
Reebok Portugal SA
Povoa de Santo Adriao (Portugal)
 EUR  22,212
 68  100
81
Reebok-CCM Hockey GmbH (formerly: Sport Maska GmbH)
Heimstetten/Kirchheim (Germany)
 EUR  2,596
 103  100
82
Nordic Hockey Company AB11)
Malung (Sweden)
 SEK  —
 104  100
83
Reebok Jofa AB
Malung (Sweden)
SEK  138,403
 82  100
84
Reebok Jofa AS
Fredrikstad (Norway) NOK  2,803
 82  100
85
Reebok Finland OY
 Forssa (Finland)  EUR  20,491
 82  100
86
adidas LLP
Almaty (Republic of Kazakhstan)  USD  1,532
 directly  100
             
North America        
87
adidas North America, Inc.
 Portland, Oregon (USA)  USD  4,274,150
 12  100
88 adidas America, Inc.
 Portland, Oregon (USA)  USD  33,947
 87  100
89
adidas Promotional Retail Operations, Inc.
 Portland, Oregon (USA)  USD  24,615
 87  100
90
adidas Sales, Inc.
 Portland, Oregon (USA)  USD  82,894
 87  100
91
adidas Village Corporation
 Portland, Oregon (USA)  USD 12,979
 87  100
92
adidas Interactive, Inc.
 Portland, Oregon (USA)  USD  15,653
 87  100

  1) Sub-group adidas UK
  2) Sub-group Reebok International Ltd.
  3) Sub-group adidas Sourcing
  4) Sub-group India
  5) Sub-group Mexico, adidas
  6) Sub-group Mexico, Reebok
  7) Companies with no active business
  8) The number refers to the number of the company.
  9) Sub-group Onfield
10) Sub-group Reebok-CCM Hockey, Inc. (formerly: The Hockey Company)
11) Sub-group Sports Holdings Corporation
12) Sub-group Reebok International Limited
13) Profit and loss transfer agreement



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