Thomas Schmidheiny not to resume chairmanship

6 February 2003

The Board of Directors has taken note of Thomas Schmidheiny's decision not to resume the Chairmanship. Until the Annual General Meeting of 4 June 2003, Dr. Willy Kissling will continue to perform this function.


The Board of Directors acknowledges with satisfaction that Thomas Schmidheiny as principal shareholder remains a member of the Board and is firmly committed to his industrial holding in Holcim.

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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