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Metalor Technologies SA New Organization

Division : Corporate

At its recent Corporate Management Meeting held in Hong Kong on May 2-4, 2004, the Metalor Management team announced some important decisions: Firstly, Metalor will change the identity of three of its five divisions. As a result, effective June 1st, 2004, the · Chemicals Division becomes Advanced Coatings Division (AC) · Watch Division becomes Watches and Jewelry Division (WAJ) · Contacts Division becomes Electrotechnics Division (ET) In addition, a new function “Innovation” will be active as of August 1st, 2004 and the function “Technology Services” will include Corporate R&D, Quality Assurance and the Laboratories. Finally, Mr Scott Morrison becomes Head of Operating Refining Division ad interim; he will continue his function as CEO. Mr Martin Bless becomes Head of Operating Watches and Jewelry Division. The Production and Logistics Department of the Dental Division will report to Mr Martin Bless.

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