The Finish Line, Inc. and JD Sports Fashion Plc Announce Completion of Merger

The Finish Line, Inc. (“Finish Line”) and JD Sports Fashion Plc (LSE:JD)
(“JD Sports”) announced today that they have completed their merger. As
a result of the merger, Finish Line has become an indirect wholly-owned
subsidiary of JD Sports, which is the leading European retailer of
sports, fashion and outdoor brands, thereby creating a market-leading
multi-channel, multi-branded retailer of sports fashion and footwear
with expanded global scope.

“We are delighted to announce that we have today completed the
acquisition of Finish Line,” said Peter Cowgill, Executive Chairman of
JD Sports. “This marks a momentous step in JD Sports’ global expansion
and represents an exciting opportunity to bring our market leading,
multi-brand retail proposition to the world’s largest athleisure market,
both online and in stores. Our team will now collaborate with the
experienced Finish Line management team and the key global brands to
bring best in class retail theatre and multi-channel consumer experience
to the US.”

Sam Sato, Chief Executive Officer of Finish Line added, “Today, with the
closing of this merger with JD Sports, Finish Line opens an exciting new
chapter. With a global footprint, together we will bring leading-edge
innovation and service to our customers. Our shared vision and drive to
provide a premium retail experience will further our impact as a
leading, premium multi-channel retailer of sports, fashion and outdoor

Barnes & Thornburg LLP served as legal counsel to Finish Line. PJ
SOLOMON served as lead financial advisor, Houlihan Lokey Capital, Inc.
served as financial advisor and Faegre Baker Daniels LLP served as legal
counsel to Finish Line’s Special Committee of the Board of Directors in
connection with this transaction.

Barclays served as lead financial advisor to JD Sports and Hughes
Hubbard & Reed LLC, Addleshaw Goddard LLC and Taft Stettinius &
Hollister LLP served as legal counsel to JD Sports. Barclays, HSBC Bank
and PNC Bank, National Association provided financing to JD Sports for
the transaction.

About JD Sports Fashion Plc

JD Sports is a leading multi-channel retailer of multi-branded sports,
fashion, and outdoor apparel and footwear, enabling customers to shop
seamlessly across well invested physical retail stores and digital
channels. JD Sports is admitted to the premium listing segment of the
Official List, and to trading on the main market of the London Stock
Exchange. JD Sports’ internet address is www.jdplc.com.

About The Finish Line, Inc.

The Finish Line, Inc. is a premium retailer that carries the latest and
greatest shoes, apparel and accessories. Headquartered in Indianapolis,
Finish Line runs approximately 930 branded locations in U.S. malls and
shops inside Macy’s department stores. Finish Line employs approximately
13,000 associates who connect customers to sneaker culture through style
and sport. Shop online at www.finishline.com
or get access to everything on the Finish Line app. Also keep track of
what’s fresh by following Finish Line on Instagram,
Snapchat and Twitter.

Forward-Looking Statements

This news release includes statements that are or may be considered
“forward-looking” within the meaning of Section 27A of the Securities
Act of 1933 and Section 21E of the Securities Exchange Act of 1934.
These forward-looking statements generally can be identified by the use
of words or phrases such as “believe,” “expect,” “future,” “anticipate,”
“intend,” “plan,” “foresee,” “may,” “should,” “will,” “estimates,”
“outlook,” “potential,” “optimistic,” “confidence,” “continue,”
“evolve,” “expand,” “growth” or words and phrases of similar meaning.
Statements that describe objectives, plans or goals also are
forward-looking statements. All of these forward-looking statements are
subject to risks, management assumptions and uncertainties that could
cause actual results to differ materially from those contemplated by the
relevant forward-looking statements. The principal risk factors that
could cause actual performance and future actions to differ materially
from the forward-looking statements include, but are not limited to, the
company’s reliance on a few key vendors for a majority of its
merchandise purchases (including a significant portion from one key
vendor); the availability and timely receipt of products; the ability to
timely fulfill and ship products to customers; fluctuations in oil
prices causing changes in gasoline and energy prices, resulting in
changes in consumer spending as well as increases in utility, freight
and product costs; product demand and market acceptance risks;
deterioration of macroeconomic and business conditions; the inability to
locate and obtain or retain acceptable lease terms for the company’s
stores; the effect of competitive products and pricing with other local,
regional, and national retailers, as well as many of its own suppliers;
loss of key employees; execution of strategic growth initiatives
(including actual and potential mergers and acquisitions and other
components of the company’s capital allocation strategy); cybersecurity
risks, including breach of customer data; the potential impact of legal
or regulatory changes, including the potential impact of enacted tax
reform legislation; a major failure of technology and information
systems; and the other risks detailed in the company’s Securities and
Exchange Commission filings. Readers are urged to consider these factors
carefully in evaluating the forward-looking statements. The
forward-looking statements included herein are made only as of the date
of this report and Finish Line undertakes no obligation to publicly
update these forward-looking statements to reflect subsequent events or

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