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Tuesday 02 August, 2011

Imerys

Imerys completed today the acquisition of Luzen...

PR Newswire/Les Echos/

Press release

Paris, August 1, 2011

                 Imerys completes acquisition of Luzenac Group

Imerys has completed today the acquisition of 100% of the Luzenac Group from 
Rio Tinto. With sales of approximately USD395 million in 2010, Luzenac Group 
is the world leader in talc processing. This mineral is used in many technical
applications such as polymers, paints, ceramics and paper, in a wide range of
end markets (industrial equipment, construction and consumer goods etc.). It
will therefore strengthen Imerys leadership and product offering.

This acquisition has been paid in cash for an enterprise value of USD340 
million (EUR232 million), representing a multiple of EBITDA in line with 
historical multiples paid by Imerys. Luzenac Group will be part of the 
Performance & Filtration Minerals business group and will be fully consolidated
as of August 1, 2011. Current market conditions prevailing, this transaction is
expected to create value by achieving a return on capital employed above the 
Group's weighted average cost of capital from 2013 onwards.

                                     ***

The world leader in adding value to minerals, Imerys is active in 47 countries
through more than 240 industrial and commercial sites.
The Group achieved more than EUR3.3 billion in sales in 2010. Imerys develops
solutions that improve its customers' product performance and manufacturing
efficiency, thanks to minerals it mines and processes from reserves with rare
qualities. The Group's products have a great many applications in everyday
life, including construction, personal care, paper, paint, plastic, ceramics,
telecommunications, beverage, filtration, etc.

More comprehensive information about Imerys may be obtained from its Internet
website (www.imerys.com) under Regulated Information, particularly in its
Registration Document filed with Autorité des marchés financiers on March 31,
2011 under number D.11-0205 (also available from the Autorité des marchés
financiers website, www.amf-france.org). Imerys draws the attention of 
investors to chapter 4, "Risk Factors", of its Registration Document.

Warning on projections and forward-looking statements: This document contains
projections and other forward-looking statements. Investors are cautioned that
such projections and forward-looking statements are subject to various risks 
and uncertainties (many of which are difficult to predict and generally beyond
the control of Imerys) that could cause actual results and developments to 
differ materially from those expressed or implied.

                                    ***

Analyst/Investor Relations              Press Contacts:
Pascale Arnaud - +33 (0)1 49 55 63 91   Pascale Arnaud - +33 (0)1 49 55 63 91
[email protected]                 Matthieu Roquet-Montégon - 
                                        +33 (0)6 16 92 80 65
                      
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