Page 1

MOROCCO

ACTIVITY & STRATEGY

Lafarge Ciments, a 50% subsidiary of Lafarge held in partnership with SNI (Société Nationale d’Investissement), has 4

cement plants in Bouskoura, Tangiers, Meknes and Tetouan, and a total capacity of 4.2 million tonnes, before the increase in

capacity of the Bouskoura plant.

In euros million

LAFARGE CIMENTS KEY FIGURES in MOROCCO

06/30/2003

06/30/2002 2003/2002

Sales

275.2

244.6

12.5%

Net Income

106.2

89.6

18.5%

CAPITAL EMPLOYED

From its founding in 1996, Lafarge Maroc has developed an active

investment policy to strengthen industrial facilities and to increase

its production capacity. Capital employed reached € 300 million.

STEP UP EFFORTS

For the period 2004-08, Lafarge Morocco will:

• invest over € 200 million in new projects to strengthen industrial

facilities,

• enrich its product line

• fulfil its commitment to sustainable development.

LAFARGE CEMENT

LAFARGE IN MOROCCO

• 1,100 employees

• Cement: n°1

4 plants: Bouskoura, Meknes, Tangier, Tetouan

Production capacity : 4.2 MT before the increase in

capacity of the Bouskoura plant (+900,000T)

• Gypsum: n°2

1 wallboard construction plant and a construction plaster

facility

• Concrete: n°1

11 ready mix concrete plants

Production capacity: 700,000 m3

• Aggregates:

1 aggregate plant in Berrechid

Production capacity: 360,000 m3

• Lime:

1 plant in Tetouan

Production capacity: 80,000 T/year

HISTORY

1930

Lafarge entered in Morocco with the opening of the

first Moroccan cement plant in Casablanca

1953

2nd cement plant in Meknes

1992-1994 Enlargement of Lafarge activities :

- 2 cement plants in Tétouan and Tangier

- 1 plasterboard plant in Safi

- 9 ready mix concrete sites

1995

Signed a new partnership agreement with SNI/ONA

1997

Built a new cement product line in Bouskoura

1998

Acquisition of Gravel Maroc

2003

Opened a new wallboard plant

2004

Beginning of a new product line in Bouskoura

(+900,000 T)

Opening of the new cement plant in Tétouan (1 MT)

INCREASE THE CEMENT CAPACITY

In BOUSKOURA

• To 3.1MT from 2.2 MT

• Opening: january 2006

In TETOUAN

• To 1 MT from 280,000 T

• Opening: May, 28th 2004