HeidelbergCement announces subscription period and dividend proposal

With respect to the capital increase resolved on 21 February 2005, HeidelbergCement AG announces, that

• the subscription period will commence on 4 March 2005 and will end on 18 March 2005 and that the subscription offer will be published on Thursday, 3 March 2005, in the "Börsen-Zeitung";
  
• the Managing Board intends to propose to the Supervisory Board a dividend payment of 0.55 EUR per share out of the balance sheet profit of the financial year 2004.

Heidelberg, 2 March 2005

The Managing Board
Ad hoc announcement pursuant to § 15 German Securities Trading Act (WpHG)