Lafarge S.A.
Lafarge S.A.: 15 year benchmark issue for Lafarge on the Euro market
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The sender is solely responsible for the contents of this announcement.
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PRESS RELEASE
Euronext: LG, NYSE: LR Paris, March 10, 2005
15 year benchmark issue for Lafarge on the Euro market
As part of its on-going debt management program, Lafarge issued today Euro 500
Million of 15 year bonds, with a coupon of 4.75% and a yield to maturity of
4.80% . This refinancing of existing debt will extend the average maturity of
Lafarge debt to 5 years, at a lower cost than the average cost of Lafarge’s
outstanding public debt.
Notes to Editors:
The average interest rate on our debt was 5.3% on December 31, 2004 and the
average maturity was 4 years and 2 months.
Lafarge, the world leader in building materials, 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. Additional information is available on the web site
at http://www.lafarge.com .
COMMUNICATIONS: INVESTOR RELATIONS:
Stéphanie Tessier: 33-1 44-34-92-32 James Palmer: 33-1 44-34-92-93
stephanie.tessier@lafarge.com james.palmer@lafarge.com
Amanda Jones: 33-1-44-34-19-47 Danièle Daouphars: 33-1 44-34-92-93
amanda.jones@lafarge.com daniele.daouphars@lafarge.com
Statements made in this press release that are not historical facts, including
statements regarding our expected operating income, 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 message, (c)DGAP 11.03.2005
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WKN: 850646; ISIN: FR0000120537; Index:
Listed: Freiverkehr in Berlin-Bremen, Düsseldorf, Frankfurt, Hamburg, München
und Stuttgart
110743 Mär 05
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