WOLVERINE WORLD WIDE EXECUTES LETTER OF INTENT

TO SELL BROOKS ATHLETIC SHOE BUSINESS

ROCKFORD, Mich., Sept. 25 /PRNewswire/ Wolverine World
Tw64 Smartband Smart Sport Bracelet Bluetooth Sport Bracelet Sleep Monitor 73 Wide, Inc. (NYSE: WWW) today announced that it has signed a letter of intent to sell its
Smartband Waterproof Android Fitness Activity Tracker Bluetooth 4.0 Smartband Smart Band Waterproof 78 Brooks athletic shoe business to the sporting
Smartband Sport Bracelet Smart Band Wristband Fitness Tracker Smart Fitness Bracelet For Ios 99 goods division of the
Touch Screen Smart Wristband Fitness Activity Tracker Iphone Smart Gsm Passometer 02 Seattle based Rokke
Smart Wristband Sport Huawei Smart Wristbands Smart Bracelet Wristband Fitness 05 Group, an American Norwegian industrial group. $60 million.

"The sale of the Brooks athletic shoe business will enable Wolverine to concentrate on its core Hush Puppies and Wolverine business," said Thomas D. Gleason, Wolverine World
Smartband Waterproof Bluetooth 4.0 Sports Smart Wristband Sleep Monitor Bluetooth 62 Wide chairman and CEO. "The
Smart Wristband Bluetooth d3 Smart Bluetooth Bracelet Smart Bluetooth Bracelet 22 contemplated sale is to a company familiar with Brooks’ products and the global potential for this brand. One of the Rokke Group’s companies is presently a distributor of Brooks shoes in Norway. We believe the Rokke Group is well situated to capitalize on the recent expansion of the international Brooks marketing effort to more than 50 countries."

The closing of the transaction is subject to a number of conditions, including an acceptable due diligence investigation by the buyer, and the negotiation and execution of a definitive agreement. The final purchase price will be based in part on the closing date level of the assets associated with the Brooks business and upon
Smart Wristband Sport Huawei Smart Wristbands Smart Bracelet Sleep Monitor 50 an audited
Smartband Iphone 6 2015 Smart Electronics Silicone Wristband Sport 03 closing balance sheet.

As a part
Smart Wristband Bluetooth Touch Screen Bluetooth Wristband Caller Id Sleep Tracker Heart Rate 29 of the transaction, Wolverine has
Smartband Waterproof Android d3 Smart Bluetooth Bracelet Fitness Tracker Smart Bracelet Android Answer 55 an option to sell its wholly owned Brooks operations in the United Kingdom, France and Germany to the Rokke Group.

"While we expect the sale, including sale of the UK, French and German
Tw64 Smartband Bluetooth Bracelet Smart Band Iphone 30 operations, will result in a charge to Wolverine’s earnings in the
Tw64 Smartband Smart Sport Bracelet Bluetooth 4.0 Sports Smart Wristband Smart Electronic Devices 63 third quarter, the transaction will provide positive cash flow which the company will use to pay down debt," said Gleason.

The Brooks athletic shoe heritage traces back to 1914 and is today viewed as a premier running brand with a strong record of technical innovation. Brooks’ technological breakthroughs that have become industry standards
Tw64 Bluetooth Fitness Activity Tracker Smartband Fitness Sleep Tracker Smart Bracelet Wristband Fitness Tracker 99 include EVA
Smartband Heart Rate Fitness Activity Tracker Smart Bracelet Wristband Fitness Tracker 70 midsole cushioning material, reflective strips, and the diagonal rollbar. Recent patented innovations include the HydroFlow cushioning system that absorbs shock in a superior
Smart Wristband Sport Heart Rate Bluetooth Bracelet Smart Band Iphone 5s 69 manner and the Propulsion Plate System(R) that features a carbon fiber
Smart Wristband l12s Oled Bluetooth Bracelet Wrist Fitness Tracker Heart Rate Smart Band Iphone 5s 51 plate to add stability and "spring" to Brooks shoes.

The sporting goods division of the Rokke Group includes the largest sporting goods company in Norway, founded in 1901, as well as international leisure and athletic clothes manufacturing and shoe distribution. The American Norwegian Rokke Group also includes major companies in the shipbuilding, furniture and fisheries industries. $600 million.

"The acquisition of Brooks reflects our long term commitment to the international sporting goods industry," said Johnny Austad, president of the Rokke Group’s sporting goods division.

The investment banking firm of Hayes Griffith, Chicago, and Orkla Finans International, Oslo, have been retained to assist in the transaction.

Wolverine World
Smart Wristband Bluetooth Headset Fitness Bracelet e06 Smart Bracelet Android 4.1 63 Wide, Inc. manufactures and markets a wide variety of branded footwear and pigskin leather. In addition to Brooks, major branded products of the company include: Hush Puppies(R) shoes, Wolverine(R) work and sport footwear, Wolverine Wilderness(R) footgear, apparel and accessories, Coleman(R) footgear, Harbor Town
Smart Wristband Heart Rate Monitor e06 Smart Band Smart Bracelet Sleep Monitor 20 by Hush Puppies(R) footwear, Bates(R)
Tw64 Smartband Fitness Tracker Heart Rate Monitor Calorie Smart Band 08 uniform footwear and Bates Floaters(R), Tru Stitch(R) slippers, Sioux Mox(R) moccasins, Wimzees(R) casual footwear, Town Country(R) women’s shoes, Kroupana sueded pigskin and Breathin’ Brushed Pigskin(R) leather.

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