3 May 2004  Bekaert is examining future development of its Fencing Systems Europe' activities

Bekaert is continuously evaluating all of its worldwide activities, gearing them to its strategy for sustainable profitable growth. This also applies to Bekaert Fencing NV and its subsidiaries. These constitute the separate segment Fencing Systems Europe, which has been reporting as an autonomous legal entity since early 2003.

Now that the Fencing Systems Europe’s filialisation process has been successfully finished, Bekaert wants this segment to receive the best possible future. A study is being carried out and all options are open. Bekaert is taking advantage of its internal expertise as a basis and, where needed, the study is complemented by external experts’ advice.

Bekaert hasn’t made any decision.