June 26, 2006

Lafarge to divest itself of roofing business

PARIS

Lafarge unveiled its detailed strategic plan, which focuses on its strengths while benefiting from a more efficient organization.

“Our main growth sector in the coming years will clearly be our cement business, in particular in fast-growing markets.

“We will accomplish this through balancing our growth between the construction of new plants and acquisitions, building on the positions that we have built up in recent years,” said Lafarge CEO Bruno Lafont.

“The divestment of our roofing business is under consideration, on the condition that we can obtain the full valuation of our assets and maintain a minority interest in this activity, while acting in the best interests of our shareholders.”

All aggregates and concrete activities worldwide are now directly under the authority of the Aggregates & Concrete Division. Lafont said reorganization of Lafarge’s cement technical centres, with a new regional breakdown and reinforced engineering capacities, is now complete.

Lafarge is the world leader in building materials, with top-ranking positions in all four of its businesses: cement, aggregates and concrete, roofing and gypsum.

DCN NEWS SERVICES

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