EMS Group Sells Inventa-Fischer Business Unit

Continuing its focus on performance polymers, Switzerland-based EMS Group has decided to sell
Inventa-Fischer, its polymer and man-made fiber facility planning and building business unit. UHDE
GmbH, Germany, will take over the business retroactively from Jan.1, 2004, after approval by
antitrust authorities. UHDE says it plans to continue the Inventa-Fischer business in its current
format and at its current locations in Domat/Ems and Berlin, retaining the existing 160 employees.

July 2004