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FLSmidth Company Announcements

FLSmidth signs contract for 3rd cement plant in Russia

02.01.2008
Company Announcement to the Danish Financial Supervisory Authority No. 1-2008, 2 January 2008

FLSmidth has signed a contract to provide equipment supplies and engineering for a complete greenfield cement plant with a capacity of 3,500 tonnes clinker per day. The plant will be situated close to the city of Kursk, approximately 700 km south of Moscow.
Valued at approximately 64m euro (slightly more than DKK 475m), the contract was signed with OOO Kurskaya stroitelnaya companiya, a company newly formed to establish its first cement plant.
 
The order which will contribute beneficially to FLSmidth's earnings until the expected commissioning in mid 2010 follows two important contracts in 2007 for cement plants north of Moscow and in St. Petersburg respectively.
 
"This order confirms FLSmidth's positive expectations for the large Russian market and promises well for the new year," Group CEO Jørgen Huno Rasmussen comments.   
 
 
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Please address any questions regarding this announcement to Group Chief Executive Officer Jørgen Huno Rasmussen, FLSmidth & Co. A/S at +45 36 18 18 00.
 
For further information about FLSmidth, please visit www.flsmidth.com.
 
 
Yours faithfully

Pernille Friis Andersen
Corporate Investor Relations & Communications