Half year results 2010 holcim ltd

Major changes in the scope of consolidation Effective as at – United Cement Company of Nigeria April 1, 2009 + Holcim Australia and Cement Australia October 1, 2009 +/– Various smaller

Phu My Bridge, VietnamHalf-year results 2010

minorities 1,958 787 611 1 -24.9% 2.2% 0.3% -22.4%Net income

Holcim shareholders 1,471 527 331 1 -40.0% 3.4% -0.6% -37.2%Cash flow 3,888 805 906 2.7% 6.3% 3.5% 12.5%EPS in CHF2 4.93 1.88 1.03 -45.2%

Major changes in the scope of consolidation

Effective as at

– United Cement Company of Nigeria April 1, 2009

+ Holcim Australia and Cement Australia October 1, 2009

+/– Various smaller companies

5.0 5.0

6.7

12.0 13.0

17.1

36.5 34.1

33.5

4.7 4.5

15.5 15.3

20.9

37.5 38.0

48.7

13.0 2.1

2.3

1.3 1.2

1.2

5.9 6.6 5.9

Total Group 6M 2008 79.7 6M 2009 62.5 6M 2010 73.2 Million t

2.5 2.3

2.5

6.2

3.2 3.5

0.5 0.6

1 LATAM Basket (MXN, BRL, ARS, CLP) 1 1.18 1.00 1.06 6.0%

1 Asian Basket (AUD, IDR, INR, THB, PHP) 1 1.13 1.00 1.09 9.0%

Statement of financial position

1 EUR 1.52 1.49 1.32 -11.4%

1 GBP 1.81 1.66 1.63 -1.8%

1 USD 1.08 1.03 1.08 4.9%

1 LATAM Basket (MXN, BRL, ARS, CLP) 2 1.01 1.00 1.04 4.0%

1 Asian Basket (AUD, IDR, INR, THB, PHP) 2 1.00 1.00 1.05 5.0%

1 Weighted by net sales 6M 2010

2 Weighted by net sales full year 2009

10,902 10,082

1405 1445

1857

1725 1674

3089

6M 2008 6M 2009 6M 2010 Million CHF

North America 12.5%

Europe 29.4%

Asia Pacific 37.4%

Africa Middle East

5.3%

Latin America 15.4%

Net sales 6M 2010

Net sales by region

523 543

206

1072 873

783

6M 2009 6M 2010

1,416 1,306

1,964

13.0% 13.0%

1 Margin on a like-for-like basis

1

Operating profit by region

419 445

495

193 224

798

181 158

178

777 670

561

Million CHF

-40 -74

46

6M 2008 6M 2009 6M 2010

Δ 6M 09/6M 10 LFL Change in

structure

FX Total

Europe -13.4% 2.7% -3.1% -13.8% North America 33.8% 0.0% 12.1% 45.9% Latin America -8.5% 0.0% 2.7% -5.8% Africa Middle East 22.8% -1.3% -6.9% 14.6% Asia Pacific 2.5% 7.5% 6.0% 16.0%

611 787

1,338

331 527

906 805

Cash flow statement

Net investments to maintain productive

capacity and to secure competitiveness -376 -111 -120 -8.1%

Expansion investments -1,929 -1,026 -573 44.2%

Financial investments net1 -2,211 -414 -79 80.9%Dividends paid -192 -100 -612 -512.0%

+/-1 Retrospectively adjusted based on IAS 7

<1y 2y 3y 4y 5y 6y 7y 8y 9y 10y >10y

Maturity profile (CHF million) 1

Financial debt, maturities and liquidity as of

ƒ Fixed to floating ratio: 52% fixed

ƒ Capital markets 62%; Loans 38%

ƒ Corporate vs subsidiary debt: 76% corporate

ƒ Ø total maturity: 4.4 years

ƒ CP borrowings: 0 million

ƒ No financial covenants at corporate level ST/LT ratings summary as of July 27, 2010

ƒ S&P Credit Rating: A-2 / BBB, outlook stable

ƒ Fitch Credit Rating: F2 / BBB, outlook stable

ƒ Moody’s Credit Rating: P-2 / Baa2, outlook stable

1 Current financial liabilities adjusted for short-term drawings under long-term committed credit lines

2 Liquidity II =Cash + marketable securities

3 Liquidity III =Liquidity II + unused committed credit lines

Loans Capital markets

2012

Loans Capital markets

Net financial debt

Total shareholders' equity

Gearing

Financial position

Cement volumes (mt) 13.0 12.0 -8.5% 0.8% -7.7%

7.9 7.8 -2.5% 1.2% -1.3%5.1 4.2 -17.6% 0.0% -17.6%38.0 37.5 -1.6% 0.3% -1.3%34.1 34.2 0.3% 0.0% 0.3%3.9 3.3 -15.4% 0.0% -15.4%8.3 7.8 -7.2% 1.2% -6.0%7.2 7.0 -4.2% 1.4% -2.8%1.1 0.8 -27.3% 0.0% -27.3%

- of which mature markets

- of which emerging markets

- of which mature markets

- of which emerging markets

- of which mature markets

- of which emerging markets

- of which mature markets

- of which emerging markets

Ready-mix volumes (mm3)

Aggregates volumes (mt)

- of which mature markets

- of which emerging markets

1.4 2.3 -7.1% 71.4% 64.3%32.7 34.2 4.3% 0.3% 4.6%2.1 13.0 4.8% 514.2% 519.0%0.6 11.6 33.3% n.m n.m.1.5 1.4 -6.7% 0.0% -6.7%3.2 6.2 12.5% 81.3% 93.8%0.3 2.8 -33.3% 866.6% 833.3%2.9 3.4 17.2% 0.0% 17.2%

269 1,137 0.4% 251.7% 70.6% 322.7%2,810 3,058 5.5% 0.0% 3.3% 8.8%

- of which mature markets

- of which emerging markets

Million CHF

(if not otherwise stated)

6 months

- of which mature markets

- of which emerging markets

- of which mature markets

- of which emerging markets

Ready-mix volumes (mm3)

- of which mature markets

- of which emerging markets

- of which mature markets

- of which emerging markets

Asia Pacific – mature and emerging market

highlights

Domestic cement prices

Domestic cement prices

Cement – price/volume variances per region

* If not otherwise indicated calculation based on local currencies 1 weighted average like-for-like 2 Calculation in USD

Domestic cement prices

Cement – price/volume variances per region

Domestic cement prices

Cement – price/volume variances per region

* If not otherwise indicated calculation based on local currencies 1 weighted average like-for-like

Domestic aggregates

prices

* If not otherwise stated calculation based on local currencies

Domestic aggregates

prices

* If not otherwise stated calculation based on local currencies

November 10, 2010 Press and analyst conference for

the third quarter 2010

annual results for 2010

August 18, 2011 Half-year results for 2011 November 9, 2011 Press and analyst conference for

the third quarter 2011

Phu My Bridge, VietnamStrength Performance Passion.