Quiksilver, Inc. has successfully completed its tender offer for the outstanding share capital of Skis Rossignol S.A. Quiksilver acquired approximately 6 million shares during the offering period for €19.00 per share and, at the anticipated July 26, 2005 closing of the transaction, expects to directly or indirectly own approximately 94% of the company’s  issued share capital with just over 95% of the voting rights.

Quiksilver also announced that the tender offer will be reopened on July 25, 2005 for an additional 15 days to address the remaining outstanding shares. In the event the company acquires an additional 1% of the issued share capital, it is expected to proceed to the mandatory squeeze out to obtain the remaining issued shares.

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