Disclosure of shareholdings

15 July 2003

Disclosure of shareholdings in compliance with Swiss Stock Exchange Act: After introduction of the standard registered share according to the principle of "one share, one vote", Dr. h.c. Thomas Schmidheiny's holding of shares in Holcim Ltd now amounts to 27.1 percent.

In compliance with Article 20 of the Swiss Federal Act on Stock Exchanges and Securities Trading (Stock Exchange Act), Holcim Ltd has been notified that, following the introduction of a standard registered share in accordance with the resolution passed by the Annual General Meeting of June 4, 2003, the volume of shares in Holcim Ltd currently held by Dr. h.c. Thomas Schmidheiny or the companies controlled by him - Schweizerische Cement-Industrie-Gesellschaft (Niederurnen), Cimcalfin AG (Niederurnen) and BIH SA (Neuchâtel) - has fallen to 27.1 percent of voting rights; the percentage stake in Holcim's share capital remains unchanged, however. The holding corresponds to 54,449,273 registered shares.

With majority and minority interests in more than 70 countries on all continents, Holcim is one of the world's leading suppliers of cement, as well as aggregates (gravel and sand), concrete and construction-related services.

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