First-Half Report 2003 of the EMS Group

With its companies combined in EMS-CHEMIE HOLDING AG and activities in the fields of Performance Polymers, Fine Chemicals and Engineering, the EMS Group reports sales and operating income for the first half of 2003 on the level of the previous year and hence in line with expectations. The positive development of margins and strict cost discipline largely cushioned the negative impact of the strong Swiss franc on EMS as an export-oriented business establishment.