Suez Cement’s Board of Directors examines third quarter
2007 results

Cairo, 13 of November 2007. At a meeting on October 29th 2007 chaired by Mr. Omar Abdelaziz Mohanna Suez Cement's Board of Directors, examined and approved the consolidated quarterly report at September 30, 2007.

During the third quarter of 2007 local cement consumption developed positively and Suez Cement and its affiliated companies (Helwan Cement Company and Tourah Portland Cement Company) increased the volume of sales by 11% compared to the corresponding period of the previous year.

In the third quarter of the year Suez Cement group reported net sales of L.E. 3073.3 million with an increase of % 14.1 compared to the same period of the year 2006; gross profit and operating income amounted respectively L.E. 1329.8 million and L.E. 1190.1 million while the net profit stood at L.E. 927.2 million with an increase of 11%. The improvement can be attributed to better results of the industrial activities.