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CEMEX Announces Results of Warrant Exchange Offer.


Business Editors

MONTERREY, Mexico--(BUSINESS WIRE)--Dec. 20, 2001

CEMEX CEMEX Cementos Mexicanos , S.A. de C.V. (NYSE NYSE

See: New York Stock Exchange
: CX), one of the largest cement companies in the world, announced today the final results of the voluntary public exchange offer of its appreciation warrants and American Depositary Warrants (ADW See Key:Enterprise. ).

Of the total 105,000,000 warrants originally issued, 103,790,945 were tendered in exchange for the new warrants.

The new warrants are expected to begin trading simultaneously on December 21, 2001 on the New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
 in the form of ADWs (NYSE: CX.WSB), and on the Bolsa Mexicana de Valores The Bolsa Mexicana de Valores or BMV is Mexico's only stock exchange. It is headquartered on the prestigious Paseo de la Reforma in central Mexico City, is the second important Stock Exchange in Latin America, behind the São Paulo Stock Exchange - Bovespa.  (BMV: CMX412E-DC062).

Salomon Smith Barney, Inc. acted as dealer-manager for the U.S. and international portions of the exchange offer and Acciones y Valores de Mexico, S.A. de C.V. acted as dealer-manager for the exchange offer in Mexico.

CEMEX is a leading global producer and marketer of cement and ready-mix products, with operations primarily concentrated in the world's most dynamic cement markets across five continents. CEMEX combines a deep knowledge of the local markets with its global network and information technology systems to provide world-class products and services to its customers, from individual homebuilders to large industrial contractors. For more information, visit www.cemex.com.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Dec 20, 2001
Words:207
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