Hochtief Aktiengesellschaft · XETR:HOT

Hochtief Aktiengesellschaft — Investor Presentation (January 2004)

21 slides from Hochtief Aktiengesellschaft's investor presentation, Jan 29, 2004

1. Slide 1: Press briefing

   E§ HOCHTIEF Press briefing —— “Division In noni

2. Slide 2: . / ( ) ! " # $% &' ( $ ! ( )

   . / ( ) ! " # $% &' ( $ ! ( ) * ++ 0 1$ ! ! ! , - "/ # %

3. Slide 3: International proportion steadily increased

   a FS HooHTier HOCHTIEF International proportion steadily increased 14,000 12,000 < 10,000 = 8,000 © International E = Domestic £ 6,000 = wi So 4,000 2,000 0,000 1998 1999 2000 2001 2002

4. Slide 4: Extraordinary rise in market capitalization (2003)

   SS FS Hocemier HOCHTIEF Extraordinary rise in market capitalization (2003) 26 24 22 20 ~ . [hw ™ J 1a Da ceft el wo Maa 10 Euros T T T T T T T T T Jan Feb Mar April May June July Aug a Oct Nov Dec

5. Slide 5: ( " % &' ++ ,+ 2+ $5 + ! ! ! + ++

   ( " % &' ++ ,+ 2+ 3 4 $5 + 4 6 1 ! 77 ! ! + ++ ,+ 4 ( +* ++ 9 ++ 2+ 6 3 $ 3 ) 6 6 ) $ 1 ! ! . 8 4 &

6. Slide 6: Leading the rankings

   a FS HooHTier Leading the rankings ENR TOP 229 INTERNATIONAL BS Construction CONTRACTORS 7 |

7. Slide 7: .< ) ++ ++ < . = ++ < ( ! ! ! !

   .< ) ++ ++ < 8 . = ++ < ( ! ! ! ! !> < * +# # , - +. **-) / *&-0)*/ *1-*1*/ * */ ( ) +*+ + + *?&? + *22& + &2 - 3-41*/ *3-)0)/ *)- 0*/ & 1, - 3-110/ *)-*30/ *3- 1 / 1 ) 5 6 ! - 1-3*4/7 1-3)&/7 )-0*0/1 0 38 , . 9( -: + &-444/1 )-*1&/3 1-103/3 ) 7, ; ; -: 8 &-3 )/ 1-3)4/ )- 7*/ 7 4+ < , - &-)11/* )- &

8. Slide 8: .< > , / # * +# # , &, ; ; 1, )2

   .< > , / # * +# # , &, ; ; 1, )2 3 " 7+ < , 5 4 5 + / / 0, , * 8 @" ,

9. Slide 9: .< > , A " ( ( < ! +# # , +# #

   .< > , A " ( ( < ! +# # , +# # , &, & 5 = B " " A ! 1, , 1 < 5 / ) 8 @" / ) 5 ? B 6 5/ / 1 ! 3 !@ !< ! * +# # , +# # , & 9 / &, 1, 1? 9 # % ' )? 9 # % ' ) +5 5 > > / ?

10. Slide 10: .< > , A " ! ! ( ! ! *3 ! * !

    .< > , A " ! ! ( ! ! *3 ! * 8 ! +5 5 > > / +# # , & # 9 / / &, $ / 1 ; ) 6 /; / )+ 9 ! ! !; * +# # , +# # , &> &, 1 +5 5 > > / 1> ) B / + / /;/ ) ; / +

11. Slide 11: .< C ! $ ! $ ( ) * # ; / * #

    .< C 3 ! $ ! $ ( ) * # 5 ; / * # 5 ; / # # / & 8 @" / & +5 " $ / 1 +5 " $ / 1 < / & )D < 3 +# # , 7, , 4 < 5 / 0 C * 5 = BC 5 9 E / /

12. Slide 12: .< ! ; ( ! ! , ? < &? < & +# #

    .< ! ; ( ! ! , 5 ? < &? < & +# # , 1 +# # , 1 D 5 ; / ) / ) / 32 7 5 < / %> ' 4 D 5 ; / 0, , > * "

13. Slide 13: .< "" (( ! ( * " +# # , : ;! :! &

    .< "" (( ! ( * " 2 +# # , : ;! :! & 5 " $ 1> ) +# # , ) 5 3 / 7> 4 5 = BC 5 9 E " / 4 ! ! ; ! 0 5 " $ * 5 = BC 5 9 E " / * , # 5 / & C / /C / 1 8 @" / ) , # 5 /

14. Slide 14: ! ! ( !! , + + / , G ! ; @ 1!

    ! ! ( !! 2 , + 2 1 4 + / , G 2 ! ; @ 1! # ) 7 C ! # 8 : # = D < ! : $( # ;! # # / 4 / 8 ) ; C E( 1; ( F A 0 14 B ! 4

15. Slide 15: HOCHTIEF

    ZX HOCHTIEF

16. Slide 16: ( = !; ( !! + > " % ' ( ( ( (

    ( = !; ( !! + 6 > " % ' ( ( ( ( ( ( ( ( ( ( ( ( # # 1! ! # 2

17. Slide 17: ! D #6 " < ( ( ( ( ) * + ( (

    1 8 ! D #6 " < ( ( ( ( ) * + ( ( ) * + ( ) * + ( ( ( ) * + ( ( ??? +++ ++ ++ . # *0006 * " 5 F " < . 5 / '

18. Slide 18: ! < % ' - &- - - $ ! ( ! $( $

    1 8 ! < % ' - &- - - $ ! 4 8 ( ! $( $ - '- ! H ! ! 8 I ! ! 3 ( ! ! ,

19. Slide 19: ! < % ' &- - ! ! ( ! ! - ,- (

    1 8 ! < % ' &- - ! ! 3 ( ! ! - 3 ,- 4 8 ( ! (( ! 2- ! ! 1 8 !; $ !8 ! ,- ?

20. Slide 20: HOCHTIEF Asia Pacific

    HOCHTIEF Asia Pacific Leighton Holdings Division HOCHTIEF Asia Pacific

21. Slide 21: HOCHTIEF

    ZX HOCHTIEF

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