[Translate to German:] Holcim and Cemex sign binding agreements on their series of transactions Mittwoch, 29. Oktober 2014 - 00:00

Holcim and Cemex today announce that they have agreed on adapted parameters to their series of transactions in Europe. In Germany and the Czech Republic, the scope of the transaction remains unchanged, meaning that Holcim will acquire Cemex’s operations in Western Germany while Cemex will take over Holcim’s business in the Czech Republic, as previously announced.

No longer form a joint organization in Spain

In Spain the two companies will no longer form a joint organization as initially planned and communicated. Instead, Cemex will purchase Holcim’s Gador cement plant and Yeles grinding station,a total of x million ton of cement capacity, AGG RMX?? while Holcim will keep its remaining operations in Spain representing X mio. Tons of Cement capacity AGG and RMX.

In Germany, Holcim will continue the acquisitions of operations in the western part of the country - in particular in North Rhine-Westphalia, one of the country’s most prosperous areas. The transaction includes one cement plant, two grinding stations (total cement capacity of 2.5 million tonnes), one slag granulator, 22 aggregates locations and 79 ready-mix plants. They will be combined with Holcim’s existing Northern German operations.

Cemex will pay Holcim EUR 45 million in cash

Due to the changed transaction, Cemex will pay Holcim EUR 45 million in cash. As a result of these changes, Holcim expects sustainable additional operating EBITDA of at least EUR 10 million on a yearly basis after the closing of the deal.

This change of parameters reflects the change in the strategic landscape following the announcement of the proposed merger of Holcim with Lafarge. Hence Holcim and Cemex will remain competitors in Spain and Czech Republik. In Germany, Holcim aims to optimize its portfolio by better connecting its operations in Northern Germany and the wider region.

These transactions are expected to close during the first quarter of 2015.

This media release is available in English and German

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About Holcim

Holcim is one of the world's leading suppliers of cement and aggregates (crushed stone, gravel and sand) as well as further activities such as ready-mix concrete and asphalt including services. The Group holds majority and minority interests in around 70 countries on all continents.

About Cemex

For Cemex, we also refer to www.cemex.com.

Contact

Corporate Communications: Tel. +41 58 858 87 10

Investor Relations: Tel. +41 58 858 87 87