FLSmidth signs contract for greenfield cement plant in Syria


Company Announcement no. 18-2007, 9 August 2007

FLSmidth has won a contract worth approximately DKK 840m
(approximately 110m euro) to supply machinery and equipment for a new
7,500 tonnes per day production line to Syrian Cement Company, a 75%
owned subsidiary of Egyptian-based Orascom Construction Industries
(OCI). The new greenfield plant will be situated close to Syria's
border with Turkey, some 500 kilometres north of the capital of
Damascus.

The EPC (Engineering, Procurement and Construction) project will be
carried out in cooperation between FLSmidth and OCI. OCI's own
construction division will handle the construction work, which is not
included in FLSmidth's contract.

The contract comprises a crushing plant and stacker/reclaimer
systems, an ATOX 55 raw mill, a raw meal silo, a complete ILC
three-support kiln with two-string preheater an SF Cross-Bar cooler,
two OK cement mills, cement silos and a complete electrical equipment
package, electrostatic precipitators and fabric filters and a
complete quality and process control system.

The contract also includes equipment to be supplied by several of the
FLSmidth product companies, including a complete cement packing
system from FLSmidth Ventomatic, dosing equipment from FLSmidth
Pfister and gear units from FLSmidth MAAG Gear.

Stringent NOx, SOx and dust emission standards are to be observed at
the plant. In addition, energy efficient vertical mills for the
cement grinding will be supplied.

FLSmidth has already successfully undertaken projects with OCI in
Algeria, Nigeria, United Arab Emirates, Pakistan and Libya. The
contract is thus yet an example of FLSmidth's close and long-standing
customer relations."It is a positive sign that the Middle East continues to show a high
level of activity even after several years of capacity expansion in
the cement industry. This market is not at all likely to be saturated
yet, and we will in the future see more orders coming from this
region," Group Chief Executive Officer Jørgen Huno Rasmussen
comments.

The order will contribute positively to FLSmidth's earnings until the
cement plant is commissioned in mid 2009.

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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 10 00.

For more information about FLSmidth, please visit www.flsmidth.com.


Yours faithfully

Torben Seemann Hansen
Corporate Public Relations

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