Easton-Bell Sports, Inc. (the “Company”), a leading designer, developer and marketer of innovative sports equipment, protective products and related accessories under authentic brands, will discuss its financial results for the fiscal quarter ended July 4, 2009 on a conference call to be held on Tuesday, August 18, 2009, beginning at 4:00 p.m. Eastern Daylight Time.

Results for the Fiscal Quarter Ended July 4, 2009

The Company had net sales of $187.3 million for the second quarter of fiscal 2009, a decrease of 15.2% as compared to $220.8 million of net sales for the second quarter of fiscal 2008, or a 12.6% decline on a constant currency basis. The Company had net sales of $372.1 million for the first half of fiscal 2009, a decrease of 7.6 % as compared to $402.9 million of net sales for the first half of fiscal 2008, or a 4.9% decline on a constant currency basis.

Team Sports net sales decreased $31.5 million, or 23.8% for the second quarter of fiscal 2009, as compared to the second quarter of fiscal 2008. The decrease in Team Sports net sales during the quarter was due to the decline in sales of baseball and softball bats, football equipment and the negative impact that the currency fluctuations had on sales of hockey equipment in Canada and Europe.

Action Sports net sales decreased $2.0 million, or 2.3% for the second quarter of fiscal 2009, as compared to the second quarter of fiscal 2008. The decrease in Action Sports net sales related to lower sales of OEM cycling components and powersports helmets, partially offset by increased sales of snow sports helmets and cycling apparel.

As of July 4, 2009, the Company was not in compliance with the leverage ratio test as set forth in its senior secured credit facility. However, the non−compliance was cured on August 14, 2009 as provided for in the credit facility through the exercise of a cure right with a cash equity infusion of $12.9 million by existing investors and members of management. As a result of the equity infusion, the Company is currently in compliance with all of its debt covenants.

The Company’s Adjusted EBITDA, exclusive of the $12.9 million equity cure was $24.0 million for the second quarter of fiscal 2009, a decrease of $16.3 million, or 40.4% as compared to $40.3 million of Adjusted EBITDA in the second quarter of fiscal 2008.

“Our results for the quarter reflect the challenging retail environment, consumers cutting back spending and municipalities selectively reducing purchases. We benefited during the quarter from our ongoing focus on cash management, including lowering inventories, which allowed us to reduce our net debt year over year,” said Paul Harrington, Easton Bell Sports, Inc. President and Chief Executive Officer. “The planned cash equity infusion by our shareholders is an important endorsement of our long-term growth potential and strength of our brand portfolio.”

The Company’s net income for the second quarter of fiscal 2009 was $3.9 million, as compared to $15.5 million of net income for the second quarter of fiscal 2008. (A detailed reconciliation of net income to Adjusted EBITDA is included in the section entitled “Reconciliation of Non-GAAP Financial Measures”, which appears at the end of this press release).

Balance Sheet Items

Net debt totaled $402.6 million (total debt of $455.1 million less cash of $52.5 million) as of July 4, 2009, a decrease of $37.7 million over such amount at June 28, 2008. The decrease in net debt versus this time last year is due to an increase in cash of $24.3 million and a decrease in debt and capital lease obligations of $13.3 million. Working capital as of July 4, 2009 was $311.8 million, as compared to $298.3 million as of June 28, 2008.

Easton-Bell Sports, Inc.

Easton-Bell Sports, Inc. is a leading designer, developer and marketer of innovative sports equipment, protective products and related accessories under authentic brands. The Company markets and licenses products under such well-known brands as Easton, Bell, Riddell, Giro and Blackburn. The Company’s products incorporate leading technology and designs and are used by professional athletes and enthusiasts alike. Headquartered in Van Nuys, California, the Company has twenty-nine facilities worldwide. More information is available at www.eastonbellsports.com.