13.11.2003: Meldung: NEG Micon: Settlement of legal dispute

Settlement made in legal dispute regarding the Le Nordais project in Canada.
In 1999 NEG Micon had a disagreement with the buyer of the Le Nordais project in Canada which resulted in a legal dispute in 2000. The dispute has most recently been mentioned in NEG Micon"s annual report for 2002 under Risk Factors. After prolonged negotiations the dispute has now been settled. According to agreement between the parties the contents of the settlement must not be published, but it may be disclosed that the financial consequences of the settlement for NEG Micon are included in the expectations for 2003 announced on 6 November 2003.


NEG Micon A/S
Alsvej 21
8900 Randers
Tlf.: 8710 5000
Fax: 8710 5001
E-mail: mail@neg-micon.dk
CVR nr. 10 79 46 84
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