Ad hoc: HEAD NV Announces Results of the Extended Conditional Offer to Buy Back Shares in Head NV.

Head N.V. / Ad hoc: HEAD NV Announces Results of the Extended Conditional Offer to Buy Back Shares in Head NV. . Processed and transmitted by NASDAQ OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement. NOT TO BE RELEASED IN USA, CANADA, JAPAN OR AUSTRALIA Press Release Amsterdam - 21(st) January 2014 - Head NV (VSX: HEAD; U.S. OTC:HEDYY.PK) ("Head" or "Company"), a leading global manufacturer and marketer of sports equipment, announced today that it has received Declarations of Acceptances representing 16,347,705 Shares. The Offer was contingent upon the acceptance by shareholders representing at least 19,214,042 Shares during the Offer Period. As the acceptances by shareholders has not reached 19,214,042 Shares, the Company has decided to extend the Offer Period until February 7, 2014, 5pm CET. The Depositary Bank will have to forward the Declarations of Acceptances to the Paying and Receiving Agent no later than February 11, 2014, 4pm CET. If the Offer is accepted by shareholders representing at least 19,214,042 Shares, the purchase price shall be paid out on the revised payment date of February 13, 2014. All other terms and conditions of the Offer remain unchanged. Full details of the Offer, including the other terms and conditions, are contained in the "Conditional Offer to Buy Back Shares" document which can be found on our website. All capitalised words used in this press release have the meaning ascribed to them in the "Conditional Offer to Buy Back Shares" document. This press release is for information purposes only and is not an offer to buy Head NV's shares. Restrictions The Offer is not made in or into any jurisdictions where it is unlawful to do so. The Company may not be held liable for offers from, or on behalf of, holders of the Shares in any jurisdiction in which the making of the Offer is not in compliance with the laws or regulations of such jurisdiction or would require any registration or filing with any regulatory authority. Persons having obtained any document relating to the Offer must observe legal restrictions in force locally. Non-compliance with legal restrictions may constitute a breach of applicable laws and regulations. The Company shall not have any liability in the event of any breach of the applicable legal restrictions. Shareholders are requested to consult their independent tax advisors regarding the tax consequences of tendering into the Offer. About Head HEAD NV is a leading global manufacturer and marketer of premium sports equipment and apparel. HEAD NV's ordinary shares are listed on the Vienna Stock Exchange ("HEAD"). Our business is organized into five divisions: Winter Sports, Racquet Sports, Diving, Sportswear and Licensing. We sell products under the HEAD (alpine skis, ski bindings, ski boots, snowboard and protection products, tennis, racquetball, paddle and squash racquets, tennis balls and tennis footwear, sportswear and swimming products), Penn (tennis balls and racquetball balls), Tyrolia (ski bindings) and Mares (diving equipment) brands. For more information, please visit our website: Analysts, investors, media and others seeking financial and general information, please contact: Clare Vincent, Investor Relations Tel: +44 207 499 7800 Fax: +44 207 491 7725 E-mail: Gunter Hagspiel, Chief Financial Officer Tel: +43 5574 608 Fax: +43 5574 608 130 E-mail: Forward-Looking Statements This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words "anticipate", "believe", "could", "estimate", "expect", "intend", "may", "plan", "predict", "project", "will" and similar terms and phrases, including references to assumptions, as they relate to Head NV, its management or third parties, identify forward-looking statements. Forward- Looking statements include statements regarding Head NV's business strategy, financial condition, results of operations, and market data, as well as any other statements that are not historical facts. These statements reflect beliefs of Head NV's management as well as assumptions made by its management and information currently available to Head NV. Although Head NV believes that these beliefs and assumptions are reasonable, the statements are subject to numerous factors, risks and uncertainties that could cause actual outcomes and results to be materially different from those projected. These Factors include, but are not limited to, the following: global economic turmoil, weather and other factors beyond our control, competitive pressures and trends in the sporting goods industry, our ability to implement our business strategy, our liquidity and capital expenditures, our ability to obtain financing, our ability to compete, including internationally, our ability to introduce new and innovative products, legal proceedings and regulatory matters, our ability to fund our future capital needs, and general economic conditions. These factors, risks and uncertainties expressly qualify all subsequent oral and written forward-looking statements attributable to Head NV or persons acting on its behalf. Head NV Prins Bernhardplein 200, 1097 JB Amsterdam Shares: ISIN: NL0000238301 Stock Market: Official Market of the Vienna Stock Exchange Bond: ISIN: CH0222437011 Market: SIX Swiss Exchange PR Results Extended Offer Buy Back Shares: This announcement is distributed by GlobeNewswire on behalf of GlobeNewswire clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Head N.V. via GlobeNewswire [HUG#1756161]