Ad hoc

HEAD NV Announces Results of the Conditional Offer to Buy Back Shares in Head NV.

Head N.V. / Ad hoc: HEAD NV Announces Results of the 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 - 27^th December 2013 - 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 15,908,018 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 January 17, 2014, 5pm CET. The Depositary Bank will have to forward the Declarations of Acceptances to the Paying and Receiving Agent no later than January 21, 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 January 23, 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.