International business shows consistent improvement and is on the right track

• Significant progress have been made over since 2001:

  • Profit targets achieved in 2002 & 2003
  • Growth & integration plan implemented
  • EBITA & ROIC doubled

• In 2004 focus will be on top line growth & further implementation of the integration plan

• International offers large growth opportunities for Scotts

• The International management team is fully committed, highly motivated & ready to drive change

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