CRH response to press release issued on 9th February, 2006 by Corporación Uniland S.A.
09 February 2006
CRH categorically rejects the allegations contained in the press release issued today by the Board of Directors of Corporación Uniland S.A. (Uniland) that the purchase by CRH of a 26.3% shareholding in Uniland was unlawful and fraudulent.
The press release is inaccurate in a number of factual respects. CRH and its Spanish legal advisors are satisfied that it has full and legal title to its 26.3% shareholding.
CRH regrets that the Board of Directors of Uniland has initiated legal action and will take all necessary steps to protect its position.