On 6 December 2002 at 7 pm Semapa, S.A. informed FLS Industries over the phone that it was not possible to secure the necessary financing for the purchase of the share in the Portugueses company FLSHH SGPS, Lda - holding the FLS Industries A/S' and Højgaard Holding a/s' share of Secil, S.A.
Consequently the sale of the share informed 4 October (Stock Exchange Message no. 36) will not be accomplished.
FLS Industries A/S and Højgaard Holding a/s will evaluate the best possible way to proceed in the process of selling the share.
We further refer to the FLS Industries' Interim Report 3rd quarter 2002.
FLS Industries A/S
Corporate Public Relations