FLSmidth divests non-core Ludowici activities

PRESS RELEASE In order to maintain a strong focus on our six focus industries and business areas FLSmidth has today divested non-core activities, gained through the recent acquisition of the Australian company Ludowici (see Company Announcement No. 29-2012). The sales concern the business area Industrial and Infrastructure, consisting of the following four business units; Water, Seals, Industrial Rubber and Engineered Rubber. "This divestment of non-core activities is part of the ongoing integration of Ludowici, and after this, no further Ludowici activities will be sold off. For FLSmidth, 2012 has been a year of transformation and expansion. In 2013, the main focus will be on execution and consolidation," Group CEO Jørgen Huno Rasmussen comments. The respective business unit sales will be effective 31 January 2013.                   ------------------------------------- Please address any questions regarding this announcement to Group Executive Vice President Peter Flanagan, FLSmidth & Co. A/S at +45 36 18 18 00. For further information about FLSmidth, please visit Yours faithfully Pernille Friis Andersen Corporate Communications & Investor Relations Link to PDF version: This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: FLSmidth via Thomson Reuters ONE [HUG#1670096]