DANOPAL A/S

The company's main activities are the production and manufacture of road materials for road paving purposes and the import of quartz sand.

Other contingent liabilities

The Danish group companies are jointly and severally liable for tax on the jointly taxed incomes etc of the Group. The total amount of corporation tax payable is disclosed in the Annual Report of DC Denmark A/S, which is the management company of the joint taxation purposes. Moreover, the Danish group companies are jointly and severally liable for Danish withholding taxes by way of dividend tax, tax on royalty payments and tax on unearned income. Any subsequent adjustments of corporation taxes and withholding taxes may increase the Company's liability.…

Charges and securityThe following assets have been placed as security with bankers:

Surety has been provided to Dansk Natursten A/S, Kroghs A/S and Thyborøn Nordsø Ral A/S for any outstanding amounts.