Lafarge S.A.
Lafarge S.A.:Lafarge and Cemex
Corporate-news transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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PRESS RELEASE
Euronext: LG, NYSE: LRNYSE: CX , BMV: CEMEXCPO
Madrid, November 3, 2005
LAFARGE AND CEMEX TERMINATE THEIR JOINT VENTURE
IN AGGREGATES AND CONCRETE IN SPAIN AND PORTUGAL
LAFARGE and CEMEX announce that they have signed today a Letter of Intent to
terminate their 50/50 joint venture in READYMIX ASLAND S.A. (RMA) in Spain,
and Betecna Betao Pronto S.A. (BETECNA) in Portugal.
This transaction is subject to the approval by the relevant competition
authorities.
With 122 concrete plants and 12 aggregates quarries, RMA is today the leader
of the Spanish concrete market.
BETECNA is composed of 40 concrete plants and 4 aggregates quarries, and is
one of the leading suppliers of concrete and aggregates in the Portuguese
market.
According to the terms of this agreement, LAFARGE ASLAND will hold 100% of the
shares of both RMA and BETECNA. CEMEX will retain 28 concrete plants and 6
aggregates quarries from RMA in Spain, plus will receive approximately 50 MEUR
in cash.
CEMEX is a growing global building solutions company that provides products of
consistently high quality and reliable service to customers and communities
in more than 50 countries throughout the world. The company improves the well-
being of those it serves through its relentless focus on continuous
improvement and efforts to promote a sustainable future.
For more information, visit http://www.cemex.com
Lafarge, the world leader in building materials, present in Spain through the
subsidiary Lafarge Asland, holds top-ranking positions in all four of its
Divisions: Cement, Aggregates & Concrete, Roofing and Gypsum. Lafarge employs
77,000 people in 75 countries and posted sales of EUR14.4 billion in 2004.
Lafarge Asland is composed by three cement plants in Spain, located in
Montcada i Reixac (Barcelona), Sagunto (Valencia) and Villaluenga de la Sagra
(Toledo); employs 500 people and, during 2004, produced 4,6 million tons of
cement.
Additional information is available on the web site at http://www.lafarge.com.
MEDIA RELATIONS:
Lafarge Asland
Laura Villaescusa + 34 91 21 36 082 laura.villaescusa@lafarge.com
Lafarge Group
Stéphanie Tessier + 33 1 44 34 92 32 stephanie.tessier@lafarge.com
Amanda Jones + 33 1 44 34 19 47 amanda.jones@lafarge.com
INVESTOR RELATIONS:
Yvon Brind’Amour + 33 1 44 34 92 93 yvon.brindamour@lafarge.com
Danièle Daouphars + 33 1 44 34 92 93 daniele.daouphars@lafarge.com
MEDIA RELATIONS:
Gerardo de la Torre +52 (81) 8328 3547
INVESTOR RELATIONS:
Abraham Rodríguez +52 (81) 8888 4262
ANALYST RELATIONS:
Ricardo Sales +1(212) 317 6008
Statements made in this press release that are not historical facts, including
the planned capital expenditures and expansion of production capacity in the
Aggregates and Concrete business, are forward-looking statements made pursuant
to the safe harbor provisions of the Private Securities Litigation Reform Act
of 1995. These statements are not guarantees of future performance and
involve risks, uncertainties and assumptions (“Factors”), which are difficult
to predict. Some of the Factors that could cause actual results to differ
materially from those expressed in the forward-looking statements include, but
are not limited to: the cyclical nature of the Company’s business; national
and regional economic conditions in the countries in which the Group does
business; currency fluctuations; seasonal nature of the Company’s operations;
levels of construction spending in major markets; supply/demand structure of
the industry; competition from new or existing competitors; unfavorable
weather conditions during peak construction periods; changes in and
implementation of environmental and other governmental regulations; our
ability to successfully identify, complete and efficiently integrate
acquisitions; our ability to successfully penetrate new markets; and other
Factors disclosed in the Company’s public filings with the French Autorité des
Marchés Financiers and the US Securities and Exchange Commission including
its Reference Document and annual report on Form 20-F. In general, the Company
is subject to the risks and uncertainties of the construction industry and of
doing business throughout the world. The forward-looking statements are made
as of this date and the Company undertakes no obligation to update them,
whether as a result of new information, future events or otherwise.
End of announcement (c)DGAP 03.11.2005
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WKN: 850646; ISIN: FR0000120537; Index:
Listed: Freiverkehr in Berlin-Bremen, Düsseldorf, Frankfurt, Hamburg, München
und Stuttgart
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