8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 30, 2007

K2 INC.

(Exact name of registrant as specified in its charter)

Delaware	1-4290	95-2077125
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

5818 El Camino Real Carlsbad, California	92008
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: (760) 494-1000

N/A

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 1.01. Entry into a Material Definitive Agreement.

Amendment to Merger Agreement

On July 30, 2007, K2 Inc. (“K2”) entered into an Amendment No. 1 to its Agreement and Plan of Merger (the “First Amendment”) with Jarden Corporation, a Delaware corporation (“Jarden”), and K2 Merger Sub, Inc., a Delaware corporation and wholly-owned subsidiary of Jarden (“Merger Sub”), amending the Agreement and Plan of Merger, dated as of April 24, 2007, by and among Jarden, Merger Sub and K2 (the “Merger Agreement”), to reduce from $27.5 million to $24 million the termination fee payable by K2 to Jarden under certain circumstances in the event that the Merger Agreement is terminated.

A copy of the First Amendment is attached hereto as Exhibit 2.1, and is incorporated herein by reference as though fully set forth herein. The foregoing description of the First Amendment is not intended to be complete and is qualified in its entirety by the complete text of the First Amendment.

Entry into Supplemental Indenture

On July 31, 2007, K2 announced that it had received the requisite consents (“Consents”) of the holders of approximately $198.96 million in principal amount of the $200.0 million total outstanding 7  ³/8% Senior Notes due 2014 (the “Notes”) pursuant to its previously announced consent solicitation. Consents were required to be delivered by 5:00 p.m., New York City time on July 31, 2007.

Each consenting holder of the Notes agreed to certain proposed amendments to the Indenture, dated as of July 1, 2004 (the “Indenture”) among K2, the subsidiary guarantors under the Indenture (the “Subsidiary Guarantors”) and U.S. Bank National Association, as the trustee under the Indenture (the “Trustee”), pursuant to which the Notes were issued. Accordingly, on July 31, 2007, K2 entered into an Eighth Supplemental Indenture (the “Eighth Supplemental Indenture”) with the Subsidiary Guarantors and the Trustee.

The Eighth Supplemental Indenture (i) eliminates substantially all restrictive covenants (Sections 3.2, 3.3, 3.4, 3.5, 3.7, 3.9, 3.11, 3.12, 3.13, 3.14, 3.19, 3.20 and 3.21 of the Indenture) and events of default, (ii) deletes the covenant relating to the merger and consolidation of K2 and the Subsidiary Guarantors and (iii) makes related changes in the Notes, deletes the form of supplemental indenture for subsequent guarantors and deletes certain definitions and related provisions from the Indenture and the Notes made irrelevant as a result of the deletion and/or amendment of such provisions (collectively, the “Proposed Amendments”). The Proposed Amendments will not, however, become operative unless and until K2 accepts Notes for purchase pursuant to the related tender offer with respect to the Notes (the “Tender Offer”).

A copy of the Eighth Supplemental Indenture is attached hereto as Exhibit 4.1, and is incorporated herein by reference as though fully set forth herein. The foregoing description of the Eighth Supplemental Indenture is not intended to be complete and is qualified in its entirety by the complete text of the Eighth Supplemental Indenture.

Item 8.01. Other Events.

On July 31, 2007, K2 issued a press release announcing the pricing of its Tender Offer as well as the execution of the Eight Supplemental Indenture and the matters with respect to the Consent solicitation described in Item 1.01—Entry into Supplement Indenture.” A copy of the press release is attached hereto as Exhibit 99.1, and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.	Document
2.1	Amendment No. 1 to Agreement and Plan of Merger, dated as of July 30, 2007, by and among Jarden Corporation, K2 Merger Sub, Inc. and K2 Inc.
4.1	Eighth Supplemental Indenture, dated as of July 31, 2007, among K2 Inc., the subsidiary guarantors under the Indenture and U.S. Bank National Association
99.1	Press Release dated July 31, 2007

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: July 31, 2007	K2 INC.
	/s/ Mark A. Rosebrock
	Mark A. Rosebrock
	Associate General Counsel and Assistant Secretary

EXHIBIT INDEX

Exhibit No.	Document
2.1	Amendment No. 1 to Agreement and Plan of Merger, dated as of July 30, 2007, by and among Jarden Corporation, K2 Merger Sub, Inc. and K2 Inc.
4.1	Eighth Supplemental Indenture, dated as of July 31, 2007, among K2 Inc., the subsidiary guarantors under the Indenture and U.S. Bank National Association
99.1	Press Release dated July 31, 2007

EX-2.1

Exhibit 2.1

Execution Version

AMENDMENT NO. 1 TO AGREEMENT AND PLAN OF MERGER

This AMENDMENT NO. 1 (this “Amendment”) to the Agreement and Plan of Merger, dated as of April 24, 2007 (the “Merger Agreement”), by and among Jarden Corporation, a Delaware corporation (“Parent”), K2 Merger Sub, Inc., a Delaware corporation (“Merger Sub”), and K2 Inc., a Delaware corporation (the “Company”), is entered into as of this 30th day of July, 2007. Capitalized terms used and not otherwise defined herein shall have the meanings ascribed thereto in the Merger Agreement.

RECITALS

WHEREAS, Section 7.7 of the Merger Agreement provides that the Merger Agreement may be amended by an instrument in writing signed by each of Parent and the Company;

WHEREAS, there is pending litigation in the Superior Court of the State of California regarding the Merger (the “Pending Litigation”); and

WHEREAS, in connection with a settlement in principle of the Pending Litigation, the parties hereto have agreed to amend the Merger Agreement, as more specifically set forth herein.

NOW, THEREFORE, in consideration of the foregoing and of the representations, warranties, covenants and agreements contained in this Amendment and the Merger Agreement, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree as follows:

AGREEMENT

Section 1.1 Amendment. The reference to “$27,500,000” in the lead-in sentence to Section 7.6(a) of the Merger Agreement is hereby deleted and replaced with “$24,000,000.”

Section 1.2 No Further Amendment. Except as expressly amended pursuant to Section 1.1 hereof, the remaining terms of the Merger Agreement are, and remain, in full force and effect in accordance with their terms, notwithstanding the execution and delivery of this Amendment.

Section 1.3 Governing Law. This Amendment will be governed by, and construed in accordance with, the Laws of the State of Delaware, without giving effect to any applicable principles of conflict of laws that would cause the Laws of another State to otherwise govern this Amendment.

Section 1.4 Counterparts; Effectiveness. This Amendment may be executed in any number of counterparts, including by facsimile transmission, all of which will be one and the same agreement. This Agreement shall become effective only when actually signed by each party hereto and each such party has received counterparts hereof signed by all of the other parties hereto.

[Remainder of Page Intentionally Left Blank]

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IN WITNESS WHEREOF, this Amendment has been duly executed and delivered by the duly authorized officers of the parties hereto as of the date first written above.

JARDEN CORPORATION
By:	/s/ John E. Capps
Name:	John E. Capps
Title:	Senior Vice President, General Counsel and Secretary
K2 MERGER SUB, INC.
By:	/s/ John E. Capps
Name:	John E. Capps
Title:	Vice President
K2 INC.
By:	/s/ Dudley W. Mendenhall
Name:	Dudley W. Mendenhall
Title:	Senior Vice President and Chief Financial Officer

EX-4.1

Exhibit 4.1

EIGHTH SUPPLEMENTAL INDENTURE

This Eighth Supplemental Indenture, dated as of July 31, 2007 (this “Supplemental Indenture”), among K2 Inc. (together with its successors and assigns, the “Company”), each subsidiary guarantor under the Indenture referred to below (collectively, the “Subsidiary Guarantors”) and U.S. Bank National Association, as Trustee under the Indenture referred to below.

WITNESSETH:

WHEREAS, the Company, the Subsidiary Guarantors and the Trustee have heretofore executed and delivered an Indenture, dated as of July 1, 2004 (as amended, supplemented, waived or otherwise modified, the “Indenture”), providing for the issuance of an unlimited aggregate principal amount of 7 ³/8% Senior Notes due 2014 of the Company (the “Notes”);

WHEREAS, there are now outstanding under the Indenture Notes in the aggregate principal amount of $200,000,000;

WHEREAS, the Company has entered into an Agreement and Plan of Merger, dated as of April 24, 2007, by and among Jarden Corporation, a Delaware corporation (“Jarden”), K2 Merger Sub, Inc., a Delaware corporation and wholly-owned subsidiary of Jarden (“Merger Sub”) and the Company pursuant to which, subject to the satisfaction or waiver of certain conditions, Merger Sub will merge with and into the Company, with the Company continuing as a wholly-owned subsidiary of Jarden (the “Merger”);

WHEREAS, in connection with the Merger and at the request of Jarden, the Company has commenced an offer to purchase for cash any and all of the outstanding Notes (the “Offer”) upon the terms and subject to the conditions set forth in the Offer to Purchase and Consent Solicitation Statement dated July 18, 2007, as the same may be amended, supplemented or modified (the “Statement”);

WHEREAS, in connection with the Offer, the Company is soliciting the consents of the holders of Notes (the “Holders”) to certain proposed amendments to the Indenture the Company desires to effect, as set forth in Article I below (the “Proposed Amendments”);

WHEREAS, Section 9.2 of the Indenture provides that the Company, the Subsidiary Guarantors and the Trustee may amend or supplement the Indenture without notice to any holder of the Notes but with the written consent of the holders of at least a majority in principal amount of the Notes then outstanding (including, without limitation, consents obtained in connection with a purchase of, or tender offer or exchange offer for, Notes); and

WHEREAS, the Company has received and delivered to the Trustee the requisite consents to effect the Proposed Amendments under the Indenture.

NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the Company, the Subsidiary Guarantors and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders of the Notes as follows:

ARTICLE I

AMENDMENTS TO INDENTURE

Section 1.1. Amendments to Articles III, IV and VI of the Indenture. Upon written notification to the Trustee by the Company that it has accepted for purchase and payment (the date of such notification, the “Early Settlement Date”) pursuant to the Offer all of the Notes validly tendered on or prior to 5:00 p.m., New York City time, on Tuesday, July 31, 2007 pursuant to the Statement and any amendments, modifications or supplements thereto, then automatically (without further act by any person), with respect to the Notes:

(a) The following provisions of the Indenture shall be deleted in their entirety and each replaced with “Intentionally Omitted,” and the Company shall be released from its obligations thereunder:

• Section 3.2—SEC Reports;

• Section 3.3—Limitation on Indebtedness;

• Section 3.4—Limitation on Restricted Payments;

• Section 3.5—Limitation on Liens;

• Section 3.7—Limitation on Restrictions on Distributions from Restricted Subsidiaries;

• Section 3.9—Limitation of Transactions with Affiliates;

• Section 3.11—Future Subsidiary Guarantors;

• Section 3.12—Limitation on Lines of Business;

• Section 3.13—Payments for Consent;

• Section 3.14—Limitation on Sale of Capital Stock of Restricted Subsidiaries;

• Section 3.19—Payment of Taxes and Other Claims;

• Section 3.20—Maintenance of Properties;

• Section 3.21—Compliance with Laws; and

• Section 4.1—Merger and Consolidation.

Failure to comply with the terms of any of the foregoing Sections of the Indenture shall no longer constitute a default or an Event of Default under the Indenture and shall no longer have any other consequence under the Indenture.

(b) Section 3.15 of the Indenture shall be amended by deleting the language “Sections 3.3, 3.4, 3.7, 3.8, 3.9, 3.14 and 4.1(iii)” appearing at the end of the first sentence of that section and replaced with “Section 3.8.”

(c) Sections 6.1(3), (6), (7), (8) and (9) of the Indenture shall be deleted in their entirety and each replaced with “Intentionally Omitted,” and such occurrences shall no longer constitute Events of Default.

(d) Section 6.1(4) of the Indenture shall be deleted in its entirety and replaced with: “failure by the Company to comply for 30 days after notice with any of its obligations pursuant to Sections 3.6, 3.8 and 3.10 (in each case, other than a failure to purchase Notes which shall constitute an Event of Default under clause (2) above);”.

(e) All definitions set forth in Section 1.1 of the Indenture that relate to defined terms used solely in sections deleted hereby shall be deleted in their entirety.

Section 1.2. Deletion of Form of Supplemental Indenture. On the Early Settlement Date, Exhibit D to the Indenture shall be deleted in its entirety.

ARTICLE II

MISCELLANEOUS

Section 2.1. Instruments To Be Read Together. This Supplemental Indenture is executed as, and shall constitute, an indenture supplemental to and in implementation of the Indenture, and said Indenture and this Supplemental Indenture shall henceforth be read together.

Section 2.2. Confirmation. The Indenture as amended and supplemented by this Supplemental Indenture is in all respects confirmed and preserved.

Section 2.3. Terms Defined. Capitalized terms used in this Supplemental Indenture and not otherwise defined herein shall have the meanings assigned to such terms in the Indenture.

Section 2.4. Trust Indenture Act Controls. If any provision of this Supplemental Indenture limits, qualifies or conflicts with another provision that is required to be included in this Supplemental Indenture or the Indenture by the Trust Indenture Act of

1939, as amended, as in force at the date that this Supplemental Indenture is executed, the provisions required by said Act shall control.

Section 2.5. Headings. The headings of the Articles and Sections of this Supplemental Indenture are for convenience of reference only and shall not be deemed to alter or affect the meaning or interpretation of any provisions hereof.

Section 2.6. Governing Law. This Supplemental Indenture shall be governed by, and construed in accordance with, the laws of the State of New York.

Section 2.7. Counterparts. This Supplemental Indenture may be executed in any number of counterparts, each of which so executed shall be deemed to be an original, but all such counterparts shall together constitute but one and the same instrument.

Section 2.8. Effectiveness; Termination. The provisions of this Supplemental Indenture will take effect immediately upon its execution by the Trustee in accordance with the provisions of Sections 9.2 and 9.6 of the Indenture; provided, however, that the amendments to the Indenture set forth in Sections 1.1 and 1.2 of this Supplemental Indenture shall become operative as specified therein. Prior to the Early Settlement Date, the Company may terminate this Supplemental Indenture upon written notice to the Trustee.

Section 2.9. Acceptance by Trustee. The Trustee accepts the amendments to the Indenture effected by this Supplemental Indenture and agrees to execute the trusts created by the Indenture as hereby amended, but only upon the terms and conditions set forth in the Indenture.

Section 2.10. Responsibility of Trustee. The recitals contained herein shall be taken as the statements of the Company, and the Trustee assumes no responsibility for their correctness. The Trustee makes no representations as to the validity or sufficiency of this Supplemental Indenture.

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IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly executed as of the date first above written.

K2 INC.
By:	/s/ Dudley W. Mendenhall
Name:	Dudley W. Mendenhall
Title:	Senior Vice President and Chief Financial Officer
U.S. BANK NATIONAL ASSOCIATION, as Trustee
By:	/s/ Raymond S. Haverstock
Name:	Raymond S. Haverstock
Title:	Vice President

SUBSIDIARY GUARANTORS
SEASTRIKER, INC.
PENN INTERNATIONAL, LLC
PENN ACQUISITION CORPORATION
PENN FISHING TACKLE MFG. CO. RODCO, INC.
HEGINS PRECISION CORP.
PENN TRADING LIMITED
JT SPORTS LLC
EX OFFICIO LLC
EARTH PRODUCTS INC.
K2 LICENSED PRODUCTS, INC.
RAWLINGS SPORTING GOODS COMPANY
SEVCA, LLC
By:	/s/ Dudley W. Mendenhall
Name:	Dudley W. Mendenhall
Title:	Chief Financial Officer

STEARNS INC.
K2 CORPORATION OF CANADA
RAWLINGS CANADA INCORPORATED
MARKER VOLKL USA INC.
SPORTS RECREATION COMPANY LTD.
EX OFFICIO INTERNET COMPANY, LLC
MARMOT MOUNTAIN LLC
MIKEN SPORTS, LLC
K-2 INTERNET COMPANY, LLC
By:	/s/ Dudley W. Mendenhall
Name:	Dudley W. Mendenhall
Title:	Senior Vice President - Finance
SHAKESPEARE COMPANY, LLC
K2 MERCHANDISING, INC.
K2 SNOWSHOES, INC.
SHAKESPEARE ALL STAR ACQUISITION LLC
By:	/s/ Monte H. Baier
Name:	Monte H. Baier
Title:	Vice President and General Counsel
SHAKESPEARE CONDUCTIVE FIBERS, LLC
SHAKESPEARE INDUSTRIES, INC.
SITCA CORPORATION
SMCA, INC.
By:	/s/ J. Wayne Merck
Name:	J. Wayne Merck
Title:	Authorized Signatory

K-2 CORPORATION
K-2 INTERNATIONAL, INC.
KATIN, INC.
MORROW SNOWBOARDS, INC.
RIDE, INC.
RIDE SNOWBOARD COMPANY
By:	/s/ J. Wayne Merck
Name:	J. Wayne Merck
Title:	Authorized Signatory
SHAKESPEARE COMPANY (UK) LIMITED
SHAKESPEARE INTERNATIONAL LIMITED
SHAKESPEARE MONOFILAMENT UK LIMITED
By:	/s/ J. Wayne Merck
Name:	J. Wayne Merck
Title:	Authorized Signatory

EX-99.1

Contacts:	Dudley W. Mendenhall, CFO
	(760) 494-1000
	or
	Integrated Corporate Relations, Inc.
	Investor Relations:
	Andrew Greenebaum
	(310) 395-2215
	Media Relations:
	John Flanagan/James McCusker
	(203) 682-8200

K2 Inc. Announces Pricing for its Tender Offer for its 7 3/8% Senior Notes due 2014 and Receipt of

Requisite Consents in the Related Consent Solicitation

Carlsbad, California – July 31, 2007 – K2 Inc. (NYSE: KTO) announced today the determination of the pricing for its previously announced cash tender offer to purchase any and all of its outstanding 7 3/8% Senior Notes due 2014 (CUSIP No. 482732AE4) (the “Notes”). The tender offer and related solicitation of consents to amend the indenture pursuant to which the Notes were issued (the “Indenture”) are being made in connection with the previously announced Agreement and Plan of Merger by and among Jarden Corporation (“Jarden”), K2 Merger Sub, Inc., a wholly-owned subsidiary of Jarden (“Merger Sub”), and K2 Inc. (“K2”), pursuant to which Merger Sub will merge with and into K2, with K2 surviving the merger as a wholly-owned subsidiary of Jarden (the “Merger”). The tender offer and consent solicitation are being made upon the terms and conditions set forth in the Offer to Purchase and Consent Solicitation Statement dated July 18, 2007 (the “Offer to Purchase”) and the related Consent and Letter of Transmittal, and are conditioned upon, among other things, the consummation of the Merger.

The total consideration for the Notes was determined as of 2:00 P.M., New York City time, on July 31, 2007, using the yield of the 3.625% U.S. Treasury Note due July 15, 2009 (the “Reference Security”) plus a fixed spread of 50 basis points and based on the Scheduled Initial Payment Date, as defined in the Offer to Purchase, of August 8, 2007. The yield on the Reference Security was 4.628% and the tender offer yield was 5.128%. Accordingly, the total consideration, excluding accrued and unpaid interest, for each $1,000 principal amount of Notes validly tendered and not validly withdrawn at or prior to 5:00 P.M., New York City time, on July 31, 2007 (the “Consent Date”) is $1,073.56, which includes a consent payment of $30.00 per $1,000 principal amount of the Notes. The tender offer consideration, excluding accrued and unpaid interest, for each $1,000 principal amount of Notes validly tendered after the Consent Date but at or prior to the Expiration Date (as defined below) is $1,043.56.

In addition, K2 announced that approximately $198.96 million of outstanding Notes, or approximately 99.5% of the aggregate principal amount of Notes outstanding, had been validly tendered and not validly withdrawn on or prior to the Consent Date. Accordingly, K2 has received the requisite consents to adopt the proposed amendments to the Indenture pursuant to the consent solicitation. K2, its subsidiaries guaranteeing the Notes and the trustee under the Indenture have entered into a supplemental indenture giving effect to the amendments, which will eliminate substantially all restrictive covenants and events of default, among other things, and which will become effective immediately upon its execution and delivery; however, the amendments will not become operative until the Initial Payment Date (as defined in the Offer to Purchase).

The tender offer and consent solicitation are subject to the satisfaction of certain conditions, including the Merger having occurred or occurring substantially concurrent with the initial payment date. The tender offer will expire at 11:59 P.M., New York City time, on Tuesday, August 14, 2007 (the “Expiration Date”), unless extended or earlier terminated in accordance with the terms of the Offer to Purchase. Rights to withdraw tendered Notes and to revoke delivered consents terminated on the Consent Date; however, holders of Notes who have not yet tendered their Notes or who validly withdrew tendered Notes prior to the Consent Date may still tender their Notes until the Expiration Date.

K2 has retained Lehman Brothers Inc. to act as the Dealer Manager for the tender offer and Solicitation Agent for the consent solicitation. Persons with questions regarding the tender offer and the consent solicitation should contact Lehman Brothers Inc. at (800) 438-3242 (toll-free) or (212) 528-7581 (collect). Requests for documentation may be

directed to Global Bondholder Services Corporation who has been retained as the Information Agent for the tender offer and consent solicitation, which can be contacted at (212) 430-3774 (for banks and brokers only) or (866) 470-4200 (for all others toll-free).

This release is for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell the Notes. The offer to purchase the Notes is only being made pursuant to the tender offer and consent solicitation documents, including the Offer to Purchase that K2 has distributed to holders of Notes. The tender offer and consent solicitation are not being made to holders of Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. In any jurisdiction in which the tender offer or consent solicitation are required to be made by a licensed broker or dealer, they shall be deemed to be made by Lehman Brothers Inc. on behalf of K2.

About K2 Inc.

K2 Inc. is a premier, branded consumer products company with a portfolio of leading brands including Shakespeare^®, Penn^®, Pflueger^®, Sevylor^® and Stearns^® in the Marine and Outdoor segment; Rawlings^®, Worth^® and Brass Eagle^® in the Team Sports segment; K2^®, Völkl^®, Marker^® and Ride^® in the Action Sports segment; and Adio^®, Marmot^® and Ex Officio^® in the Apparel and Footwear segment. K2’s diversified mix of products is used primarily in team and individual sports activities such as fishing, watersports activities, baseball, softball, alpine skiing, snowboarding and in-line skating. Among K2’s other branded products are Hodgman^® waders, Miken^® softball bats, Tubbs^® and Atlas^® snowshoes, JT^® and Worr Games^® paintball products, Planet Earth^® apparel and Sospenders^® personal floatation devices.

Adio^®, Atlas^®, Brass Eagle^®, Ex Officio^®, Hodgman^®, JT^®, K2^®, Marker^®, Marmot^®, Penn^®, Pflueger^®, Planet Earth^®, Rawlings^®, Ride^®, Sevylor^®, Shakespeare^®, Sospenders^®, Stearns^®, Tubbs^®, Völkl^®, Worth^® and Worr Games^® are trademarks or registered trademarks of K2 Inc. or its subsidiaries in the United States or other countries.

Forward Looking Statements

This news release includes forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. K2 cautions that these statements are qualified by important factors that could cause actual results to differ materially from those in the forward-looking statements, including but not limited to, the completion of the merger with Jarden and the tender offer and consent solicitation with respect to the Notes, K2’s ability to successfully execute its acquisition plans and growth strategy, integration of acquired businesses, weather conditions, consumer spending, continued success of manufacturing in China, global economic conditions, product demand, financial market performance, outcome of material litigation and other risks and uncertainties as detailed from time to time in K2’s reports filed with the Securities and Exchange Commission. K2 cautions that the foregoing list of important factors is not exclusive, any forward-looking statements included in this news release are made as of the date of this news release, and K2 does not undertake to update any such forward-looking statements unless legally required.