Rossignol has
tremendous brands based on many seasons of product excellence and
performance, and this planned strategic union will unlock tremendous
opportunities for growth.16 for the first quarter of fiscal 2004.6
million as compared to fiscal 2004 first quarter European net revenues
of $106.2 million.16
============ ============

Net income per share, assuming dilution $ 0.

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Furthermore, by increasing the number of
shares we expect to improve the liquidity of our common stock and
place the market price in a more attractive range for investors. Quiksilver's products are sold throughout the world,
primarily in surf shops , skate shops and other specialty stores that
provide an authentic retail experience for our customers .

Quiksilver Announces Planned Acquisition of the Rossignol Group; Accretive Combination Creates the Number One Outdoor Sports Lifestyle Company

Quiksilver believes the acquisition will be accretive by between $0. Additionally, the
Boix-Vives family will retain a portion of its direct ownership, an
approximate 35% interest, in Cleveland Golf for at least 4.
The acquisition is subject to customary regulatory approvals in France
and elsewhere, and has been submitted to the workers council for
review . Eastern Time.2 million in the first quarter of fiscal
2004.
Consolidated inventories increased 32% to $236.dcshoecousa.

jackets shoe

----March 24,
2005--Quiksilver, Inc.dcshoecousa.
Headquartered in Voiron , France, the Rossignol Group achieved
total sales of approximately $625 million for the twelve months ended
September 30, 2004. reported revenues of $1. We share the
same passion for outdoor sports , and we have the same commitment to
developing outstanding products for our customers around the world."
Laurent Boix-Vives, Chairman of the Board of Skis Rossignol SA,
said, "I am happy to take this next step with Quiksilver.
Quiksilver's primary focus is apparel, footwear and related
accessories for young men and young women under the Quiksilver, Roxy,
DC Shoes, Raisins, Radio Fiji and Island Soul labels.com

Safe Harbor Language

This Press Release contains forward-looking statements .com,
http://www.

Quiksilver Inc. Reports 2005 First Quarter Financial Results

hawkclothing.

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Robert B.quiksilveredition. Quiksilver has chosen France for its European headquarters,
and I have known and had an excellent relationship with Bernard
Mariette, Quiksilver's President, for a very long time. Boix-Vives and launch a public tender offer for the
minority shares at $25. The transaction is expected to close during Quiksilver's third
quarter.net.24 $ 0.

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3
billion for its fiscal year ended October 31, 2004. I see in
Quiksilver a corporate culture and commitment to sports and
entertainment that are Rossignol's priorities since the very
beginning.
Additionally, the Rossignol Group designs, manufactures, and markets
golf products under the Cleveland Golf brand name., you are
invited to take a look at our world at http://www.9 million as compared to fiscal 2004 first
quarter consolidated revenues of $256.

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com and
http://www."
Bernard Mariette, President of Quiksilver , Inc. From a merchandise perspective, the
tremendous feedback we received at the recent tradeshows speaks to the
creativity of our team and our ongoing commitment to bringing the best
product to market. Consolidated trade accounts receivable
increased 26% to $252.1 million at January 31, 2005 from $200.

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, you are
invited to take a look at our world at http://www."
Quiksilver will purchase a majority holding of the Rossignol Group
controlled by Mr.

About Quiksilver:

Quiksilver designs, produces and distributes clothing, accessories
and related products for young-minded people and develops brands that
represent a casual lifestyle-driven from a boardriding heritage. Quiksilver also
manufactures apparel, footwear and related accessories for boys
(Quiksilver Boys and Hawk Clothing), girls (Roxy Girl, Teenie Wahine
and Raisins Girls), men (Quiksilveredition and Fidra) and women
(Leilani swimwear), as well as snowboards, snowboard boots and
bindings under the Lib Technologies, Gnu, DC Shoes, Roxy and Bent
Metal labels.

Business Editors

HUNTINGTON BEACH, Calif.
Robert B.3 million as compared to fiscal 2004
first quarter revenues of $123.

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, Chairman and Chief Executive Officer of
Quiksilver, Inc. Rossignol's strong stable of brands is a perfect complement to
our portfolio. Many
opportunities lie ahead, and we look forward to capitalizing on the
tremendous synergies that come from this partnership. Consolidated net
income for the first quarter of fiscal 2005 increased 55% to $14.2 million. Inventories
grew 29% in constant dollars.

Trade account receivable growth was
modest compared to the increase in revenues as average days sales
outstanding decreased about four days. The Company now expects fiscal 2005 net
revenues to range from $1.

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Quiksilver Inc. Announces Two-for-One Stock Split

PA on Eurolist by Euronext),
the world leader in winter sports., commented, "Joining forces with Rossignol
allows us to create the number one outdoor sports lifestyle company in
the world.
Rossignol has a tremendous history in the mountains and continues as
the number one company in alpine ski products. This
alliance marks the next stage in our evolution as we together become
the world's leading outdoor sports lifestyle company.m. It offers a full range of products for all
disciplines (alpine, nordic, snowboard) and all product families
(skis, bindings, boots, poles, and boards) under the brand names
Rossignol, Dynastar, Lange, Look , Kerma, Hammer and Risport.
Financially, our strong results reflect the global demand for our
entire portfolio of brands along with the continued improvements in
our operating efficiencies.

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----March 22,
2005--Quiksilver, Inc. These
forward-looking statements are subject to risks and uncertainties , and
actual results may differ materially.com

McKnight, Jr.
Quiksilver's primary focus is apparel, footwear and related
accessories for young men and young women under the Quiksilver, Roxy,
DC Shoes, Raisins, Radio Fiji and Island Soul labels.

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NOTE: For further information about Quiksilver, Inc.com,
http://www.

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The split will be effected by issuing one additional share of
common stock for every share of common stock held. The additional
shares will be distributed on May 11, 2005, to holders of record at
the close of business on April 27, 2005."

About Quiksilver:

Quiksilver designs, produces and distributes clothing, accessories
and related products for young-minded people and develops brands that
represent a casual lifestyle-driven from a boardriding heritage.com,
http://www., Chairman of the Board and Chief Executive
Officer of Quiksilver, Inc . Our team is
energized and motivated, our future is bright and we move forward with
a powerful portfolio of brands and significant prospects for growth.

Quiksilver announced that the Company 's conference call to review
the acquisition will be broadcast live over the Internet on Tuesday,
March 22, 2005 at 8:30 a.rossignol.quiksilveredition. dollars
and reported in the financial statements , European net revenues
increased 25% during the first quarter of fiscal 2005 to $132.16
============ ============

Weighted average common shares outstanding 58,796 55,622
============ ============

Weighted average common shares outstanding,
assuming dilution 61,577 57,927
============ ============

CONSOLIDATED BALANCE SHEETS (Unaudited)

January 31, October 31,
2005 2004
------------------------
In thousands
ASSETS

Current assets:

Cash and cash equivalents $ 82,579 $ 55,197
Trade accounts receivable, less allowance
for doubtful accounts of $11,947 (2005)
and $11,367 (2004) 252,097 281,263
Other receivables 16,760 16,165
Inventories 236,819 179,605
Deferred income taxes 25,537 22,299
Prepaid expenses and other current assets 18,888 12,267
------------ ----------
Total current assets 632,680 566,796

Fixed assets, net 126,813 122 ,787
Intangibles, net 122,988 121,116
Goodwill 172,461 169,785
Deferred income taxes 3,672 --
Other assets 14,237 10,506
------------ ----------
Total assets $ 1,072,851 $ 990,990
============ ==========

LIABILITIES + STOCKHOLDERS' EQUITY

Current Liabilities:

Lines of credit $ 25,052 $ 10,801
Accounts payable 139,782 105,054
Accrued liabilities 63,110 79,095
Current portion of long-term debt 9,982 10,304
Income taxes payable 16,248 18,442
----------- ---------
Total current liabilities 254,174 223,696

Long-term debt 179,915 163,209
Deferred income taxes 21,776 15,841
-- --------- ---------
Total liabilities 455,865 402,746

Stockholders ' equity:

Preferred stock -- --
Common stock 604 602
Additional paid-in capital 204,740 200,719
Treasury stock (6,778) (6,778 )
Retained earnings 373,137 358,923
Accumulated other comprehensive gain 45,283 34,778
----------- ---------
Total stockholders' equity 616,986 588,244
----------- ---------
Total liabilities + stockholders'
equity $ 1,072,851 $ 990,990
=========== =========

Information related to geographic segments is as follows:

Three Months Ended
January 31,
---- ------------------------
In thousands 2005 2004
-------------- ------------

Revenues, net:
Americas $ 159,274 $ 123,199
Europe 132,590 106,183
Asia/Pacific 50,450 26,281
Corporate operations 546 479
-------------- ------------
$ 342,860 $ 256,142
============== ============

Gross Profit:
Americas $ 62,424 $ 49,834
Europe 65,628 51,285
Asia/Pacific 24,282 12,485
Corporate operations 572 65
-------------- ------------
$ 152,906 $ 113,669
============== ============

SG+A Expense:
Americas $ 53,733 $ 39,665
Europe 50,651 38,399
Asia/Pacific 16,927 11,268
Corporate operations 8,172 5,403
-------------- ------------
$ 129,483 $ 94,735
============== ============

Operating Income:
Americas $ 8,691 $ 10,169
Europe 14,977 12,886
Asia/Pacific 7,355 1,217
Corporate operations (7,600) (5,338)
-------- ------ ------------
$ 23,423 $ 18,934
============== ============

soviet hawk

Quiksilver's authenticity is evident in its innovative products,
events and retail environments across the globe.

Business Editors/Apparel/Textile Writers/Sports Editors

HUNTINGTON BEACH, Calif.viavid. If
you do not have Windows Media Player, go to the latter site prior to
the call, where you can download the software for free. Strategically, we are effectively integrating our
businesses around the world and creating a superior platform for
growth.
Mr. McKnight concluded, "We are extremely pleased with the
vibrancy of our brands and the pace of our businesses. Quiksilver also
manufactures apparel, footwear and related accessories for boys
(Quiksilver Boys and Hawk Clothing), girls (Roxy Girl, Teenie Wahine
and Raisins Girls), men (Quiksilveredition and Fidra) and women
(Leilani swimwear), as well as snowboards, snowboard boots and
bindings under the Lib Technologies, Gnu, DC Shoes, Roxy and Bent
Metal labels., you are
invited to take a look at our world at http://www.com and
http://www .23 $ 0.

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These
forward-looking statements are subject to risks and uncertainties, and
actual results may differ materially. I have been
intimately involved with the Rossignol Group for fifty years, and this
combination offers a bright future and prospects for growth and
development wholly consistent with the group's past achievements and
strategy, to which clients and employees alike are sensitive. Mr.----March 10,
2005--Quiksilver, Inc. (NYSE:ZQK):

First Quarter 2005 Net Revenues Increase 34% to a Record $343
million

First Quarter Fiscal 2005 Earnings Per Share Increases 55% to
a Record $0. As measured in euros, European net revenues
increased 16% for those same periods.

Safe Harbor Language

This Press Release contains forward-looking statements.

soviet apparel

Quiksilver also
manufactures apparel, footwear and related accessories for boys
(Quiksilver Boys and Hawk Clothing), girls (Roxy Girl, Teenie Wahine
and Raisins Girls), men (Quiksilveredition and Fidra) and women
(Leilani swimwear), as well as snowboards, snowboard boots and
bindings under the Lib Technologies, Gnu, DC Shoes, Roxy and Bent
Metal labels.

Safe Harbor Language

This Press Release contains forward-looking statements. Please refer to Quiksilver's SEC
filings for more information on the risk factors that could cause
actual results to differ materially from expectations, specifically
the section titled "Forward Looking Statements" in Quiksilver's Annual
Report on Form 10-K. Finally, the offer is excellent for all Rossignol
shareholders from a financial point of view. Boix-Vives will have a key advisory role
with both Quiksilver, Inc. and Cleveland Golf.

NOTE: For further information about Quiksilver, Inc.23

Company Raises Fiscal 2005 Guidance

Quiksilver, Inc. As measured in U.8 million at
January 31, 2005 from $179. We begin the
new fiscal year with solid momentum and a heightened level of
enthusiasm about our future prospects.

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(NYSE: ZQK) announced an agreement in principle
to acquire the Rossignol Group SA (SKIR . My endeavors
with the Quiksilver-Rossignol group are such that there cannot be a
better transaction that would guarantee the longevity of the group
that I have built. McKnight concluded, "Over the years we have successfully
evolved from a surf brand to the premier boardsports company.S.3 million at January 31, 2004.6
million at January 31, 2004.
Bernard Mariette, President of Quiksilver, Inc."
The Company also raised its net revenues and earnings per share
guidance for fiscal 2005 .

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Business Editors

HUNTINGTON BEACH, Calif. The Rossignol Group owns and
operates a diversified portfolio of premier brands including
Rossignol, Dynastar, Lange and Look in winter sports , as well as
Cleveland Golf."
Mr., and JPMorgan has
committed to finance the transaction. The broadcast will be hosted
at www.quiksilver.2
million as compared to $9.5 million in the first quarter of fiscal 2005
compared to $26.

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hawkclothing. McKnight Jr. Furthermore, we both share the same values, culture and
philosophies, making this combination that much more compelling.com,
http: //www. First quarter fully diluted earnings per share was $0.23 versus
$0.

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, stated, "We believe the Board's decision underscores
our strong track record of growth and reflects our confidence in the
potential of our business., stated, "The
alliance of our two companies is a natural development .00 per share), which
equates to a purchase price of approximately $320 million for 100% of
the shares. To listen to the
broadcast, your computer must have Windows Media Player installed.com and
http://www."
Net revenues in the Americas increased 29% during the first
quarter of fiscal 2005 to $159.62 to $1.com

CONSOLIDATED STATEMENTS OF INCOME (Unaudited)

Three Months Ended
January 31,
----------------- --------
In thousands, except per share amounts 2005 2004
------------ ------------

Revenues, net $ 342,860 $ 256,142
Cost of goods sold 189,954 142,473
------------ ------------
Gross profit 152,906 113,669

Selling, general and administrative expense 129,483 94,735
------------ ------------

Operating income 23,423 18,934

Interest expense 1,789 1,589
Foreign currency loss 463 3,267
Other expense 206 282
------------ ------------
Income before provision for income taxes 20,965 13,796

Provision for income taxes 6,751 4,622
------------ ------------

Net income $ 14,214 $ 9,174
============ ============

Net income per share $ 0 .

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Robert B.5 years. For more
information, please visit the Company's website at www. Asia/Pacific net revenues
increased 92% to $50. We are confident that the
strength of our brands, our leadership status and our well-defined
growth strategy will allow us to continue to deliver excellent
financial performance into the future."

About Quiksilver:

Quiksilver designs, produces and distributes clothing, accessories
and related products for young-minded people and develops brands that
represent a casual lifestyle-driven from a boardriding heritage.quiksilver.quiksilveredition.

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(NYSE:ZQK) today announced that the Board of
Directors has approved a two-for-one stock split of the Company's
common shares, subject to stockholder approval of the amendment of the
Company's Certificate of Incorporation , which is expected at today's
Annual Meeting of Stockholders.quiksilver. The company's broad product line includes skis,
ski boots and bindings, snowboards, snowboard boots and bindings, and
related apparel and accessories, as well as golf clubs and golf
apparel and accessories. and 70% in cash , a
portion of which will be deferred, while the minority holding will be
purchased for 100% cash .
Quiksilver's authenticity is evident in its innovative products,
events and retail environments across the globe.

About the Rossignol Group:

The Rossignol Group is the world's leading manufacturer of
wintersports equipment.dcshoecousa.hawkclothing. These
forward-looking statements are subject to risks and uncertainties, and
actual results may differ materially. Please refer to Quiksilver's SEC
filings for more information on the risk factors that could cause
actual results to differ materially from expectations, specifically
the section titled "Forward Looking Statements " in Quiksilver's Annual
Report on Form 10-K.com,
http://www.

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Quiksilver's primary focus is apparel, footwear and related
accessories for young men and young women under the Quiksilver, Roxy ,
DC Shoes, Raisins, Radio Fiji and Island Soul labels.com

06 to earnings per share in the current fiscal year. Its current position is
based on the vision of one man, Laurent Boix-Vives ., Chairman of the Board and Chief Executive
Officer of Quiksilver, Inc., commented, "I am incredibly proud of our
company and our ability to consistently execute at the highest level.65.

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Quiksilver 's products are sold throughout the world,
primarily in surf shops, skate shops and other specialty stores that
provide an authentic retail experience for our customers. Please refer to Quiksilver 's SEC
filings for more information on the risk factors that could cause
actual results to differ materially from expectations, specifically
the section titled "Forward Looking Statements" in Quiksilver 's Annual
Report on Form 10-K.50 billion and earnings per
share to range from $1.

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The combination of Quiksilver and Rossignol will
create the global leader in the outdoor sports lifestyle market .04
and $0. The purchase of the majority holding will be paid for with
approximately 30% in shares of Quiksilver, Inc.
CALYON, Paris, a division of Credit Agricole, is acting as
exclusive financial advisor to Quiksilver, Inc.1 million.3 million in the first quarter of fiscal 2004., commented, "We
are very happy to post strong results for another quarter. The clarity
in our mission and the consistency in our execution continue to guide
our investments in people and businesses.48 billion to $1.
Quiksilver's authenticity is evident in its innovative products,
events and retail environments across the globe. Quiksilver's products are sold throughout the world,
primarily in surf shops, skate shops and other specialty stores that
provide an authentic retail experience for our customers.

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McKnight , Jr. Quiksilver, Inc. Just as Quiksilver is the leader in boardsports, Rossignol
leads the winter sports market, and Cleveland is a powerful force in
golf.50 per share (EUR 19. The Rossignol
Group 's product range also includes apparel and accessories. (NYSE:ZQK) today announced operating results for
the first quarter ended January 31, 2005.
Consolidated net revenues for the first quarter of fiscal 2005
increased 34% to $342. Quiksilver has evolved into the
premier lifestyle company for the youth culture around the globe and
we are committed to further building on our powerful position in the
market.

NOTE: For further information about Quiksilver, Inc.com,
http://www.