International Growth & Integration Plan On Schedule

• Pan-European product category management
  • Pan European organization in place
  • Product line rationalization

• Single, integrated information system
  • SAP implemented Germany / Austria

• Globally managed purchasing
  • International organization in place
  • First savings in 2003, plans ready for 2004

• Rationalized manufacturing facilities
  • Bramford (UK) plant closed
  • Controls consolidation in Bourth (F), fertilizers in Howden (UK)

13

Example : bags

• Financials
  • Investment & savings on plan

50+

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