SGS to become the leader in Germany

1/29/2004, 7:33 AM (Source: GlobeNewswire)
Geneva, 29 January 2004 - SGS announces that it is in exclusive negotiations with the shareholders of Institut Fresenius Chemische und Biologische Laboratorien AG, Taunusstein, Germany, for the acquisition of 100% of its shares.

This agreement is subject to the completion of satisfactory due
diligence and clearance by the German Federal Cartel Office.

Founded in 1848, Institut Fresenius is a laboratory service provider
offering a broad range of chemical, biological and physical analyses
to its wide customer base. In addition it provides consultancy
services to the life science, food, consumer products, automotive and
multi-utility industries.

Institut Fresenius has over 570 employees in 19 locations in Germany
and had revenues in excess of Euro 47 million for the fiscal year
2003.

This acquisition is designed to strengthen SGS' position in Germany
and make it the clear regional market leader in the field of
environmental, chemical, pharmaceutical (QA/QC), food,
microelectronic and water testing.


The SGS Group is the clear global leader and innovator in
verification, inspection, testing and certification services. Founded
in 1878, SGS is recognized as the global benchmark in quality and
integrity.

With 33'000 employees, SGS operates a network of almost 1000 offices
and laboratories around the world.


The media information can be downloaded from the following link:
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For further information, please contact: Jean-Luc de Buman, Corporate
Communications & Investor Relations
SGS SA, 1place des Alpes, P.O. Box 2152, CH - 1211 Geneva 1
Tel : (41-22) 739.91.11 Fax: (41-22) 739.98.61 E-mail:
enquiries@sgs.com Web site: www.sgs.com

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