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This excerpt taken from the LUX 20-F filed Jun 29, 2005. Investment—On December 31,
2001, a U.S. subsidiary of the Company held 1,205,000 of the Company’s ordinary
shares, which had been previously purchased at a cost of U.S. $3.1 million
(Euro 2.4 million at historical exchange rates). These shares were sold
during 2002 for proceeds of U.S. $8.8 million (Euro 9.3 million). The
after-tax net gain of U.S. $6.5 million (Euro 6.9 million) was
recorded as an increase to the Company’s additional paid-in capital balance.
Approximately 63 percent of these shares were sold to a related party with
an after-tax net gain of U.S. $4.3 million (Euro 4.4 million).
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