German Cartel Investigation
14 April 2003 - 7:36PM
UK Regulatory
RNS Number:0324K
RMC Group PLC
14 April 2003
Investor Relations: Gary Rawlinson
Media Relations: Tim Stokes
Tel: +44 (0)1932 583219
05/03
Monday, 14 April 2003
RMC Group p.l.c. - GERMAN FEDERAL CARTEL OFFICE INVESTIGATION
The German Federal Cartel Office has today announced fines totalling Euro661
million (c. #450 million) to be imposed against six companies involved in the
investigation into alleged anti-competitive practices in the German cement
industry. This includes RMC's German subsidiary, Readymix AG, which has been
fined Euro12 million (c. #8 million).
RMC Group has a strict policy in place regarding compliance with competition
laws and the Board will continue to take all necessary measures to prevent
anti-competitive practices.
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