Jarden Corp. to Acquire K2 Inc. for $1.2 Billion
SportsOneSource Media     Posted: 4/25/2007  

April 25, 2007

Dear Customer:

We are pleased to share with you a major corporate development that occurred today.  K2 Inc. has reached an agreement to merge with Jarden Corporation, a global provider of market leading branded consumer products with an expected closing to occur in early third quarter.  We believe that this combination of Jarden and K2 creates a powerful global leader in the consumer products industry with exciting and unique opportunities to work with you in creative new ways.  

Jarden is a growth-oriented global consumer products company headquartered in Rye, New York and is publicly traded on the New York Stock Exchange under the ticker symbol JAH. Jarden is well regarded as a global product innovator with a portfolio of well-known brands including: 

• Outdoor Solutions: Coleman®, Campingaz®, Abu Garcia®, Berkley®, Fenwick®, Johnson®, Mitchell®, and which will now also include the K2 branded products;

• Branded Consumables: Ball®, Bee®, Bicycle®, Crawford®, Diamond®, First Alert®, Hoyle®, Java Log® Kerr®, Loew-Cornell® and Pine Mountain®;

• Consumer Solutions: Bionaire®, Crock-Pot®, FoodSaver®, Health o meter®, Holmes®, Mr. Coffee®, Oster®, Patton®, Rival®, Seal-a-Meal®, Sunbeam®, VillaWare®;

Our strength in the specialty and multi-store sporting goods, marine, and outdoor retail

channels and proven international presence in combination with Jarden’s strong portfolio of branded consumer products, will give us an exceptional platform on which each company can become even more impactful to you.

Speaking for all of our employees around the world, we thank you for your continued support. We look forward to a mutually rewarding relationship with you for many years to come. As always, please do not hesitate to bring any questions to our attention.

Sincerely,

Wayne Merck                                                 

President & Chief Executive Officer              

K2 Inc.

K2 Inc.   Corporate Headquarters     5818 El Camino Real   Carlsbad, California   92008  

Phone 760  494  1000      Fax   760  494  1099       www.k2inc.net