: Lafarge

Lafarge is sponsoring the exhibition “14F/21GR: Young architects in France and Greece"

Tue, 07 Feb 2012 17:07:26 GMT

Lafarge is a grand sponsor of the exhibition "14F/21GR: Young architects in France and Greece", which is inaugurated today at the Benaki Museum, Piraeus Street Building 138 and will run until the 24th of March. The exhibition and accompanying events are organized by the Greek Institute of Architecture, the French Institute of Athens and the Benaki Museum.

The exhibition aims at highlighting the newest generation of architecture and its evolution over the last decade. It presents 35 architects and creative teams, 14 from France and 21 from Greece, and typical examples of their work, both within the urban environment and landscape. It reveals common concerns and differences in contemporary architectural practice and culture of both countries. Photographs, architectural drawings, models and projections are presented on drawing boards and walls of the museum as projects currently in progress. In addition, the exhibition is accompanied by a series of lectures with the participation of architects from France and Greece.

This sponsorship reaffirms also in Greece, Lafarge links to the world of architecture. Lafarge, the world leader in building materials, has been committed to promoting architectural innovation for many years and therefore maintains relations with architects, project owners and the users of its materials. It works with them on the development of innovative products and solutions, as well as the evolution of construction methods and applications.

Lafarge has an established presence in the Greek market in cement, aggregates and concrete, through Heracles General Cement Company and Lafarge Beton. Lafarge offers in the market branded concrete value-added products such as AgiliaTM, ArteviaTM, UltraTM and HydromediaTM, which serve sustainable construction and architectural creativity.

Heracles Group Announces 2011 Nine Months Results

Fri, 25 Nov 2011 14:34:10 GMT

Results reflect the recession in the construction activity

Heracles Group of Companies announced today sales of 215.00 million Euros for the nine months of 2011, decreasing by 29.5% compared to the same period in 2010. Sales of the Company were at 186.22 million Euros, decreasing by 30.0% compared with the nine month period of 2010.

The Group's earnings before taxes, interest, depreciation and amortization (EBITDA) was 2.90 million Euros compared with 41.24 million Euros in the nine month period of 2010. The Company's EBITDA amounted to 9.72 million Euros compared with 45.02 million Euros in the corresponding period of 2010.

The Group presented in the nine month period of 2011 losses after taxes of 32.22 million Euros, compared with 14.09 million Euros losses after taxes in the same period of 2010. In the nine months of 2011 the Company presented losses after taxes of 20.06 million Euros compared with 1.92 million Euros losses in 2010.

The decrease in the sales of the Group and the Company in the nine month period of 2011 reflects the continuous recession in the domestic market of private and public construction activity, as the result of the further deterioration of the economic environment. The Group's and the Company's results was significantly affected by the impairment of idle fixed production assets, during the first semester.

In the framework of the Lafarge Group Excellence strategic plan, the Company continued its measures to reduce operating costs and optimize the production and supply chain processes. In the nine months of 2011, the significant reduction of fixed cost partially offsets the effects of the domestic and international market deterioration, as well as the increase in fuel prices.

Heracles Group Announces 1st Semester 2011 Results

Tue, 30 Aug 2011 14:39:46 GMT

Results reflect the recession in the construction activity

Heracles Group of Companies announced today sales of 147.45 million Euros for the first semester of 2011, decreasing by 30.5% compared to the same period in 2010. Sales of the Company were at 128.05 million Euros, decreasing by 30.8% compared with the first semester of 2010.

The Group's earnings before taxes, interest, depreciation and amortization (EBITDA) was negative amounting to 24.01 million Euros. In the respective period of 2010 the Group's EBITDA was 37.95 million Euros. The Company's EBITDA was negative amounting to 18.98 million Euros compared with profit of 40.35 million Euros in the corresponding period of 2010.

The Group presented in the first semester of 2011 losses after taxes of 42.76 million Euros, compared with 2.46 million Euros losses after taxes in the same period of 2010. In the first semester of 2011 the Company presented losses after taxes of 34.17 million Euros compared with 5.70 million Euros profit after taxes in 2010.

The decrease in the sales of the Group and the Company in the first semester of 2011 reflects the continuous decline in the domestic market of private construction activity as well as public infrastructure construction activity. The Group's and the Company's earnings before taxes, interest, depreciation and amortisation (EBITDA) was significantly affected by the impairment of idle fixed production assets.

In the framework of the Lafarge Group Excellence strategic plan, the Company continued its measures for the reduction of operating costs and the optimization of the production and supply chain processes. In the first semester of 2011, the significant reduction of fixed cost partially offsets the effects of the domestic and international market deterioration as well as the increase in fuel prices.

Heracles cooperation with the University of Thessaly on a Biodiversity Enhancement Program

Wed, 13 Jul 2011 16:10:39 GMT

Heracles cooperates with the University of Thessaly on a biodiversity inventory research study at the company's two quarries in Anavra and Agria, Magnesia. The cooperation aims at recording and monitoring biodiversity and making concrete proposals that will form the basis for the development of the two mining areas rehabilitation plan and the enhancement of local biodiversity.

Within the framework of the study, the scientific team of the Laboratory of Ecosystem Management and Biodiversity, Agriculture, Crop Production and Rural Environment Department of the university in cooperation with the National Agricultural Research Foundation (NAGREF) and the Agricultural University of Athens will assess existing flora and fauna at the quarries, and in a 500 meter zone around them. The ecology experts will assess the biodiversity's condition in comparison with other regions without mining activity and propose ways to increase the number and abundance of species in the quarries. They will also make recommendations for safeguarding of any rare or endangered species found.

Responsible management of quarries and biodiversity protection is a key commitment of Heracles. Beyond the requirements of Greek law on quarries rehabilitation, the company undertakes voluntary commitments for the assessment of all quarries and the development of comprehensive plans for rehabilitation and biodiversity protection. In the future, Heracles plans to utilize the learning from the program with the University of Thessaly and extend it to its other quarries, further raising its standards.

Resolutions of the 103rd Ordinary Shareholders General Meeting of Heracles GCCo

Fri, 27 May 2011 13:20:15 GMT

During the 103rd Ordinary General Meeting of the Company's Shareholders, in which 32 shareholders were present or represented by proxy, representing 63,851,838 shares, i.e. 89.827 % of the paid up share capital, the General Meeting took the following decisions:

1. Approved after secret voting, with 63,829,288 votes out of a total of 63,851,838 votes representing 89.795% of the total paid capital, the election of Mr. Perikles Nicolaou as Member of the Board of Directors and the appointment of the Audit Committee consisting of Messrs. Jean Charles Blatz, Christos Sorotos and Agissilaos Karambelas.

Voting result:
Valid votes	63,851,838 (89.827% of total paid capital)
Positive votes:	63,829,288
Negative votes:	22,550
Abstention:	0

2. Approved after nominal voting, with 63,831,938 votes out of a total of 63,851,838 votes representing 89.799% of the total paid capital, the financial statements of the financial year 1.1.2010 - 31.12.2010 with the Annual Reports of the Board of Directors and the Auditors.

Voting result:
Valid votes	63,851,838 (89.827% of total paid capital)
Positive votes:	63,831,938
Negative votes:	19,900
Abstention:	0

3. Discharged after nominal voting, with 63,831,938 votes out of a total of 63,851,838 votes representing 89.799% of the total paid capital, the Board Members and Auditors from any liability for damages whatsoever for the financial year 2010.

Voting result:
Valid votes	63,851,838 (89.827% of total paid capital)
Positive votes:	63,831,938
Negative votes:	19,900
Abstention:	0

4. Elected after an open voting with 63,831,938 votes out of a total of 63,851,838 votes representing 89.799% of the total paid capital, the Auditing Company Deloitte «Deloitte. Hatzipavlou Sofianos & Kambanis S.A.» (SOEL NO E 120) for the financial year 2011 and defined the maximum amount of their fees.

Voting result:
Valid votes	63,851,838 (89.827% of total paid capital)
Positive votes:	63,831,938
Negative votes:	19,900
Abstention:	0

5. Approved unanimously after an open voting with a percentage representing 89.827% of the total paid capital, the remuneration and compensations of the Members of the Board of Directors for the financial year 2010 and pre-approved their remuneration until the Ordinary Shareholders' Meeting of 2012 which will decide regarding financial year 2011. The General Meeting of the Company's Shareholders granted also permission for the conclusion of agreements with Members of the Company's Board of Directors.

Voting result:
Valid votes	63,851,838 (89.827% of total paid capital)
Positive votes:	63,851,838
Negative votes:	0
Abstention:	0

6. Granted unanimously after an open voting with a percentage representing 89.827% of the total paid capital, to the Members of the Board of Directors and the Managers of the Company permission to participate in the Board of Directors' Meetings or in the Management of the Group's Companies, which pursue the same or similar goals.

Voting result:
Valid votes	63,851,838 (89.827% of total paid capital)
Positive votes:	63,851,838
Negative votes:	0
Abstention:	0

7. Decided unanimously after an open voting with a percentage representing 89.827% of the total paid capital, the transfer of the Company's seat (registered address) to the Municipality of Paiania, Attica

Voting result:
Valid votes	63,851,838 (89.827% of total paid capital)
Positive votes:	63,851,838
Negative votes:	0
Abstention:	0

8. Decided unanimously after an open voting with a percentage representing 89.827% of the total paid capital, the amendment of article 1 of the Articles of Association of the Company because of transferring the Company's seat (registered address) and article 26 of the Articles of Association of the Company so as for the place of convocation of the General Meeting to be defined according to article 25 of law 2190/1920.

Voting result:
Valid votes	63,851,838 (89.827% of total paid capital)
Positive votes:	63,851,838
Negative votes:	0
Abstention:	0

9. The shares purchase program through Athens Stock Exchange which had been decided by the Ordinary General Assembly of 28.6.2010 according to article 16 of C.L. 2190/192, following its amendment by Law 3604/2007, unanimously after an open voting with a percentage representing 89.827% of the total paid capital, remains in force until 27.06.2012.

Voting result:
Valid votes	63,851,838 (89.827% of total paid capital)
Positive votes:	63,851,838
Negative votes:	0
Abstention:	0

10. Announcements:

There were no announcements

Heracles Group Announces 1st Quarter 2011 Results

Thu, 26 May 2011 14:50:10 GMT

Heracles Group of Companies announced today sales of 70.28 million Euros for the first quarter of 2011, decreasing by 26.1% compared to the same period in 2010. Sales of the Company were at 61.05 million Euros, decreasing by 25.6% compared with the first quarter of 2010.

The Group's earnings before taxes, interest, depreciation and amortisation (EBITDA) was negative amounting to 9.38 million Euros. In the respective period of 2010 the Group's EBITDA was 9.19 million Euros. The Company's EBITDA was negative as well amounting to 7.19 million Euros. In the first quarter of 2010 the Company's EBITDA was 10.51 million Euros.

The Group presented in the first quarter of 2011 losses after taxes of 18.78 million Euros, compared with 4.17 million Euros losses after taxes in the same period of 2010. Ιn the first quarter of 2011 the Company presented losses after taxes of 14.86 million Euros compared with 0.77 million Euros losses after taxes in 2010.

The decrease in the sales of the Group and the Company in the first quarter of 2011 reflects the further slowdown of the building activity. The cement demand in the domestic market was mainly affected by the continued decline in private construction activity as well as the slowdown of the construction activity in public infrastructure.

In the framework of the Lafarge Group Excellence strategic plan, intensified efforts and measures continue for the reduction of operating costs and the optimization of the production and supply chain processes.

Heracles Group Announces 2010 Results

Wed, 30 Mar 2011 14:03:59 GMT

Heracles Group of Companies announced today sales of 401.41 million Euros for 2010, decreasing by 24.3% compared to 2009. Sales of the Company were at 350.80 million Euros, decreasing by 25.2% compared with 2009. The Group's earnings before taxes, interest, depreciation and amortisation (EBITDA) was 14.32 million Euros and represented a decrease of 84.4% compared to 2009, while the Company's EBITDA decreased by 75.8% compared with 2009, amounting to 22.56 million Euros. The Group presented in 2010 losses after taxes of 45.86 million Euros, compared with 15.36 million Euros net profit after taxes in 2009. Ιn 2010, the Company presented losses after taxes of 26.43 million Euros, versus 32.20 million Euros net profit after taxes for 2009.

Sales in 2010 were mainly affected by the further slowdown in private construction activity in the domestic market as a combined result of the excess supply of residences, the low level of residencies demand and the reduction of housing loans granted by banks as well as the slowdown of the construction activity in public infrastructure. In addition, lower export demand in markets traditionally supplied by the Group contributed to the reduction in 2010 sales.

In the framework of the Lafarge Group "Excellence 2010" strategic plan, intensified efforts and measures have been taken to reduce operating costs and optimize the production and supply chain processes. The optimisation of electric power consumption and the significant reduction of fixed cost are examples of actions taken under "Excellence 2010", which partially offset the effects of the increase in fuel and power prices as well as the slowdown of domestic and international markets.

Operational improvements and investments in 2010 were mainly focused on the Group's strategic priorities of promoting health and safety, upgrading environmental performance, and improving production efficiency and customer service.

Partnership of Heracles with Benaki Museum for its Calendars art collection

Wed, 16 Mar 2011 16:19:12 GMT

An important partnership between Benaki Museum and Heracles for the company's Calendars art collection was announced today, during a joint press conference. Within its framework, Heracles grants to Benaki Museum, for 19 years, its important collection of paintings created for its annual Calendars, aiming to promote it in the best possible way.

This art collection includes 1,475 works, exclusively created to be featured in the company's annual Calendars. Since 1956, more than 60 Greek artists created a great number of paintings, establishing in this way a longstanding creative tradition. This effort, beyond its invaluable artistic value, had also an important outcome: the introduction of neohellenic art to the daily lives of people, through an unprecedented and unique way.

In the Calendars coincide representatives of the "older" generation like Ghika, Yiannis Moralis, Yiannis Tsarouchis, Spyros Vassiliou, Dimitris Galanis and Yiannis Spyropoulos with several younger artists such as Panayiotis Tetsis, Alekos Levidis, Yiorgis Varlamos, Dimitris Mytaras and Alekos Fasianos. Moreover, the Calendars' paintings are complemented by texts of eminent art critics, historians and intellectuals, of the past and the present, like Niki Goulandri, Angelos Delivorias, Marinos Kalligas, Marina Lambrakis-Plaka, Stelios Lydakis, Evgenios Matthiopoulos, Olga Mentzafou-Polyzou, Dimitris Papastamos, Manos Stefanidis, Athina Shina and Chrysanthos Christou.

For Heracles, this partnership with Benaki Museum marks the anniversary character of 2011 - a year celebrating the 100 years since the company's founding and the 10 years of Lafarge presence. With this move, Heracles shares with the public important works that are not only part of its business legacy but an important part as well of the country's cultural creation.

The promotion of this collection is a primary objective of the Benaki Museum. In this context, it has already planned to organize, in the fall of 2011, at the Piraeus street building, a large exhibition including paintings from all calendars, from the first (1956) to the last (2011). On an annual basis, additional thematic exhibitions with paintings of this elaborate collection will follow.

The partnership between Heracles and the Benaki Museum is an excellent example of fruitful synergies that can be developed between businesses and cultural institutions. Especially, within a difficult and crucial period for everyone, such agreements are proven particular useful, with benefits that expand beyond the two parties, directly to the society.

New Sales and Marketing General Manager

Wed, 05 Jan 2011 15:11:32 GMT

Αs of 1 January 2011, George Benos, currently Marketing General Manager, is appointed as Sales and Marketing General Manager, reporting to the Managing Director, Pierre Deleplanque. George Melatos, currently Sales General Manager, is appointed Commercial Director in a Lafarge Business Unit abroad.

Heracles Group Announces Nine Month 2010 Results

Mon, 29 Nov 2010 17:59:32 GMT

Results reflect the decline in building activity and the adverse economic environment

Heracles Group of Companies announced today sales of 304.62 million Euros for the nine months of 2010, decreasing by 24.6% compared to the same period in 2009. Sales of the Company were at 266.09 million Euros, decreasing by 26.3% compared with the nine month period of 2009.

The decrease in the sales volume of the Group and the Company is attributed to the reduction of cement sales volume both in domestic and international markets. Cement sales in the domestic market were affected by lower demand in housing construction due to the excess supply of residences, and the further deterioration of the economic environment. In the third quarter of the year, there was a significant decrease of domestic cement sales volume because of the public use transporters strikes during the months of July and September. In addition, lower export demand in markets traditionally supplied by the Group contributed to the reduction in 2010 nine month sales. In the framework of the Lafarge Group "Excellence 2010" strategic plan, intensified efforts and measures have been taken to reduce operating costs and optimize the production and supply chain processes, which partially offset the effect of lower volumes.

The Group's earnings before taxes, interest, depreciation and amortisation (EBITDA) was 41.24 million Euros and represented a decrease of 49.8% compared to the nine month period of 2009. The Company's EBITDA decreased by 45.8% compared with the nine month period of 2009, amounting to 45.02 million Euros.

The Group presented in the nine month period of 2010 losses after taxes of 14.09 million Euros. In the respective period of 2009 it had 29.95 million Euros net profit after taxes. Ιn the nine month period of 2010 the Company presented losses after taxes of 1.92 million Euros, versus 43.41 million Euros net profit after taxes for the same period of 2009.

Cooperation of LAVA Mining & Quarrying with Agricultural University of Athens

Wed, 03 Nov 2010 10:37:10 GMT

Programme for the "Development of proper agricultural practices using pumice"

LAVA Mining & Quarrying, a member of the Heracles Group of Companies proceeded in collaboration with the Agricultural University of Athens to carry out a research project on "Development of proper agricultural practices for growing vegetables in pumice and their dissemination in cultivating practices." The cooperation aims at highlighting the best uses of pumice in hydroponics and improving the competitiveness of Greek greenhouse units, through the collection and dissemination of appropriate know-how to producers.

Specifically, in the context of the program the Agricultural University's scientific team will coordinate and monitor the pilot use of pumice in hydroponics greenhouses, providing scientific and technical support to producers in cultivation management. It will also systematically collect information from the monitored cultivations and process them in order to identify solutions to producers' problems and draw conclusions that will contribute to the dissemination of proper agricultural practices.

In hydroponics, the plant growth takes place in substrate, without soil. Pumice is a domestic natural product that can be used as a substrate, since it has very good cultivation performance, is of low cost for the producer and can be reused for many years. Pumice use in greenhouses is internationally widespread, while only recently became available in standard bags for agricultural use in Greece.

During the programme presentation, Dimitris Savvas, Assistant Professor in the Agricultural University of Athens and Scientific Manager of the programme noted that "pumice, as a natural, porous and environmental friendly material can be successfully used in hydroponics. Further improvement of its cultivating efficiency, through the programme may benefit producers by increasing the competitiveness of their greenhouse units and products".

Dimitris Chanis, LAVA General Manager focused on the multiple benefits that derive from cooperation with the Agricultural University of Athens. "It will systematize existing knowledge and enrich it with new data that will be generated under the pilot program. Know-how dissemination to producers will enable them to benefit the most from the use of pumice in their cultivation".

In recent years, the use of hydroponics as a cultivation method in greenhouses is growing. It takes place in a controlled system and ensures high yields, cost savings and competitive products of consistent quality. It is an environmental friendly method, because it reduces the use of pesticides and fertilizers, makes unnecessary soil disinfection and allows the collection and recycling of waste water and fertilizers, helping to protect the environment and saving resources.

Lafarge Invention Awards 2010

Mon, 04 Oct 2010 16:15:35 GMT

Lafarge, the world leader in building materials, has launched the Lafarge Invention Awards 2010 to reward inventive European R&D projects related to building materials (aggregates, cement, concrete and gypsum) and that contribute to sustainable construction. Researchers, entrepreneurs, inventors, academics or members of a research team have until October 15, 2010 to submit their entries, via a secure website www.lafarge-inventionawards.com.

Projects submitted to the Lafarge Invention Awards should involve a new product, industrial process, construction method or service, and be based on an invention less than 5 years old with a major contribution to sustainable construction. A panel made up of Lafarge executives and renowned economic and scientific experts will select 3 winners from 10 finalists. Each winner will receive a prize of €20,000 and will benefit from Lafarge support to set up an action plan to develop his/her project.

Lafarge is strongly committed to promoting sustainable construction and devotes more than 50% of its annual research budget to issues such as carbon footprint reduction, energy efficiency, more efficient use of natural resources and building systems. Lafarge is placing emphasis not only to reducing the environmental impact of manufacturing processes and its products, but also contributing to invent construction modes and solutions to reduce the buildings' ecological footprint.

The Group has a long history of working in partnership with outside experts on these subjects and in this context it is launching the Lafarge Invention Awards 2010, in order to further promote and encourage inventive projects in Europe related to sustainable construction.

For more information, inventionawards@lafarge.com

Share capital increase through the increase of the nominal value of the Company’s share

Fri, 24 Sep 2010 09:51:02 GMT

Heracles GCCo announces that the Ordinary General Meeting of the Company's Shareholders held on June 28^th 2010, decided the increase of the share capital by the amount of 48,336,240.76 euros resulting from a capitalisation of:

a) non distributed profits of the financial year 1.1.2008-31.12.2008 amounting to 42,803,210.55 euros and

b) non distributed profits of the financial year 1.1.2009-31.12.2009 amounting to 5,533,030.21 euros.

The share capital increase is accomplished through the respective increase of the nominal value of the share from 2.00 euros to 2.68 euros.

Following the abovementioned increase, the share capital of the company amounts to 190,501,654.76 euros, divided into 71,082,707 ordinary registered shares, of a nominal value of 2.68 euros.

By virtue of decision Κ2-7917/18/08/2010, the Ministry of Development approved the amendment of the relevant article of the Company's Articles of Association. The Athens Stock Exchange has been informed of the increase of the nominal value of the Company's shares, during its meeting dated 22/9/2010.

Therefore, as of 28/09/2010 the Company's shares will be traded on the Athens Stock Exchange at the new nominal value of 2.68 euros per share.

Announcement regarding P. Nicolaou

Wed, 08 Sep 2010 09:56:29 GMT

Mr. Pericles Nicolaou, non-executive member of Heracles GCCo Board of Directors, has been elected member of Lafarge Beton S.A. Board of Directors, a subsidiary company of Heracles GCCo., and undertakes as of 1.9.2010 the duties of Lafarge Beton S.A. Vice - Chairman and Managing Director.

Heracles Group Announces 1st Semester 2010 Results

Mon, 30 Aug 2010 11:43:21 GMT

Heracles Group of Companies announced today sales of 211.92 million Euros for the first semester of 2010, a decrease of 21.4% compared to the same period in 2009. Sales of the Company were at 184.92 million Euros, a decrease of 23.4% compared with the first semester of 2009.

Sales in the first semester of 2010 were affected by lower demand in the residential housing market and the overall challenging economic environment. Moreover, reduced demand in export markets traditionally supplied by the Group further impacted 2010 first semester sales. Intensified efforts and measures have been taken to reduce operating costs and optimize production and supply chain processes. The optimisation of electric power consumption, the reduction of fixed costs and distribution costs, as well as actions to increase productivity, help to partially offset the effect of lower volumes and higher fuel prices.

The Group's earnings before taxes, interest, depreciation and amortisation (EBITDA) was 37.95 million Euros and represented a decrease of 10% compared to the first semester of 2009. The Company's EBITDA decreased by 7.9% compared with the first semester of 2009, amounting to 40.35 million Euros.

The Group reported first semester 2010 losses after taxes of 2.46 million Euros, while in the respective period of 2009 it had 11.25 million Euros net profit after taxes. The Company's net profit after taxes decreased in the first semester of 2010 to 5.70 million Euros compared to 22.94 million Euros in the corresponding period of 2009.

The net profit after taxes both for the Group and the Company was substantially affected by the imposition of the special levy for social responsibility in May 2010 of 6.00 million Euros for the Group and 5.85 million Euros for the Company.

Changes in the Board of Directors of Heracles GCCo

Mon, 30 Aug 2010 11:11:51 GMT

The Heracles Board of Directors in its meeting on 30th August 2010 received and accepted the resignation of Mr. Didier Petetin as member of the Board and elected as a new member Mr. Perikles Nicolaou, according to articles 11 and 18 of the Company's Articles of Association and the relevant decision of the General Assembly of the Shareholders of 22.5.2009, for his remaining term in office, i.e. until the Ordinary General Assembly of 2012 which will assess the actions of the fiscal year 2011. The election of the new member will be ratified by the first convened General Assembly (Ordinary or Extraordinary).

As per the above, the Board of Directors of the Company is as follows:

Chairman of the Board: Manolis Chris Kyprianides, Entrepreneur, non-executive member

Vice Chairman: Peter James Hoddinott, Lafarge Regional President Western Europe, non-executive member

Executive member: Pierre Deleplanque, Managing Director

Members: Jean-Charles Blatz, non-executive member,

Jean-Jacques Gauthier, Lafarge Group Executive Vice President Finance, non-executive member,

Perikles Nicolaou, Lafarge Beton Aggregates Operational Manager N. Greece, non-executive member,

Christos Sorotos, Economist, independent, non-executive member,

Agissilaos Karambelas, Lawyer, independent, non-executive member

Announcement as per dividend payment for the financial year 2009

Tue, 29 Jun 2010 16:27:26 GMT

The 102nd Ordinary Shareholders General Meeting of Heracles General Cement Company dated June 28, 2010 approved the distribution of a dividend for the financial year 2009, of a total amount of 20,613,985.03 euros which represents 0.29 euros per share prior to withholding tax (10%) in accordance with provisions of L. 3697/2008, i.e. 0.261 euros per share.

The shares will be traded ex-dividend at the Athens Exchange as of Thursday, July 1st, 2010. Beneficiaries of the dividend are the shareholders of the Company registered in the archives of D.S.S. as of July 5th, 2010 (record date). The payment of the dividend for the year 2009 will begin on Friday, July 9^th 2010.

Dividend payment shall be realised by the National Bank of Greece as follows:

1. Through the Operators of the D.S.S. and according to the procedure of distribution as defined in chapter 4.1.3.4 of the Athex Rulebook and article 39 of the D.S.S. Rulebook.

2. Through National Bank of Greece network of branches, for those shareholders that have requested exemption of their operator in S.A.T. or the shares of which are kept with the Special Account of Hellenic Stock Exchanges.

3. For those shareholders who shall not receive payment through their operators for several reasons, payment of the dividend through their operators shall be realised through National Bank of Greece network of branches, as at 9.7.2010

Payment of the dividend under 2 and 3 shall be realised by the operators of the eligible shareholders, which shall declare that they are entitled to collect the dividend on behalf of their clients, so as to pay the amount to the shareholders or credit their bank accounts accordingly. Upon completion of the transactions of 9.7.2010, payment of the dividend shall be realised through National Bank of Greece network of branches for the period until 9.7.2015.

Resolutions of the Ordinary Shareholders General Meeting of Heracles GCCo

Mon, 28 Jun 2010 20:27:40 GMT

During the 102nd Ordinary General Meeting of the Company's Shareholders held on 28th June 2010 at 19.00, the General Meeting took the following decisions:

1. Approved the financial statements of the financial year 1.1.2009 - 31.12.2009 with the Annual Reports of the Board of Directors and the Auditors, and the distribution of a dividend for the financial year 2009, of a total amount of 20,613,985.03 euros, which represents 0.29 euros per share prior to withholding tax (10%), i.e. 0.26 euros per share.

It is mentioned that the Board of Directors' decided not to distribute percentage from the profits of the financial year to its members.

2. Discharged the Board Members and Auditors from any liability for damages whatsoever for the financial year 2009.

3. Decided the increase of the share capital by the amount of 48,336,240.76 euros resulting from a capitalisation of:

a) non distributed profits of the financial year 1.1.2008-31.12.2008 amounting to 42,803,210.55 euros and

b) non distributed profits of the financial year 1.1.2009-31.12.2009 amounting to 5,533,030.21 euros,

with an increase of the nominal value of the share from 2.00 euros to 2.68 euros per share.

Approved amendment of article 4 of the Company's Articles of Association regarding share capital.

Following this increase the Share Capital of the Company amounts to 190,501,654.76 euros divided in 71,082,707 registered shares each of a nominal value of 2.68 euros.

4. Elected Auditing Company, Regular and Deputy Auditors for the financial year 2010 and defined their fees.

5. Approved the remuneration and compensations of the Members of the Board of Directors for the financial year 2009 and pre-approved their remuneration until the Ordinary Shareholders' Meeting of 2011, which will decide regarding financial year 2010. The General Meeting of the Company's Shareholders granted also permission for the conclusion of agreements with Members of the Company's Board of Directors.

6. Granted to the Members of the Board of Directors and the Managers of the Company permission to participate in the Board of Directors' Meetings or in the Management of the Group's Companies, which pursue the same or similar goals.

7. The General Μeeting of the Company's Shareholders authorized the Board of Directors to proceed, at its discretion, to a shares purchase program according to article 16 of C.L. 2190/1920, as being in force following its amendment by Law 3604/2007, through the Athens Stock Exchange, and with the following terms:

(a) The Company may proceed to acquisition of own shares within the next 24 months, meaning till the 27.6.2012.

(b) The total number of shares, which the Company could buy should not exceed 7,108,270 shares. This number of shares represents the 1/10 of the paid up share capital.

(c) The acquisition of the own shares will take place with maximum purchase price the amount of 6.51 euros per share and minimum purchase price the amount of 2.68 euros per share. The abovementioned amounts represent the maximum price at closing for the last 12 months (28.6.2009 - 27.6.2010) and the nominal value of shares respectively.

8. Announcements. The following were announced:

Beneficiaries of the dividend are all shareholders of the Company by the expiry of the session of Athens Stock Exchange on Wednesday, June 30th, 2010. The shares will be traded ex-dividend at the Athens Exchange as of Thursday, July 1st, 2010.The payment of the dividend for the year 2009 will begin on Friday, July 9th 2010. In accordance with article 329 of the Athens Stock Exchange Regulations and article 39 of the Regulation of the Central Securities Depository (already "Hellenic Stock Exchanges S.A."), dividend shall be paid by the National Bank of Greece.

At the meeting of the General Assembly 19 shareholders were present or represented by proxy, representing 63.381.417 shares, i.e. 89,17 % of the paid up share capital.

Announcement of Heracles GCCo Codified Articles of Association Draft of Amendment

Mon, 28 Jun 2010 16:27:41 GMT

In accordance with provisions of article 19 par. 2 of L. 3556/2007 and in view of the meeting of the Annual Ordinary General Assembly on Monday 28 June 2010, Ηeracles GCCo announces that by virtue of the third subject of the agenda, the Increase of the Company's share capital by the amount of 48,336,240.76 and Αmendment of article 4 of the Company's Articles of Association regarding share capital will be discussed.

The proposed draft of amendment of article 4 of the Company's Articles of Association has as follows:

(...) Following the resolution of the Ordinary General Assembly of the Shareholders adopted on 28th June 2010 the share capital was increased by the amount of 48,336,240.76 euros resulting from a capitalisation of:

a) non distributed profits of the financial year 1.1.2008-31.12.2008 amounting to 42,803,210.55 euros and

b) non distributed profits of the financial year 1.1.2009-31.12.2009 amounting to 5,533,030.21 euros,

with an increase of the nominal value of the share from 2.00 euros to 2.68 euros per share.

Following this increase the Share Capital of the Company amounts to 190,501,654.76 euros divided in 71,082,707 registered shares, each of a nominal value of 2.68 euros. (...)

June 2010 – Health & Safety Month in Heracles

Mon, 07 Jun 2010 16:27:50 GMT

"June - Health & Safety Month" is held, for a third consecutive year, in all of Heracles facilities, with the participation of employees to activities concerning Health and Safety in the workplace.

Health and Safety are to Heracles fundamental values and key priorities in every activity. In this context, "Safety Month" aims at raising employees' awareness on Health & Safety issues and highlighting safety priorities in every facility. This year, Heracles is organizing a series of activities that are not only related with the progress made with the implementation of standards and procedures but also focusing on housekeeping, for an orderly and thus safer workplace; reporting of near misses, for preventing accidents from happening and thus protecting one another; pre-job risk assessment, for eliminating risks in the daily work as well as noise and respective protective measures. In addition, this year are held meetings with Heracles transportation partners all over Greece regarding safe loading, unloading, road transportation and product delivery to the company's customers.

With such actions, Heracles has made significant progress in safety improvement. During 2007-2009, the number of lost time injuries decreased by 42%. In 2009, the number of employees lost time injuries decreased by 50% compared with 2008, from 8 to 4. The severity rate is extremely low, 0.09, indicating that accidents refer to minor incidents. In transport safety, the use of GPS systems has led to a decrease of the speeding violations number by 98% from January to December 2009.

"Health & Safety Month" is an international initiative of Lafarge Group and is held in all 78 countries, where the Group operates. Health and Safety is a core value for Lafarge, which is among the world's leading industrial groups in terms of safety.