FLSmidth & Co.

Earnings Release • Dec 12, 2007

FLSmidth wins orders from Canadian Goldcorp

FLSmidth wins orders from Canadian Goldcorp

**Company Announcement to the Danish Financial Supervisory Authority No. 29-2007, 12 December 2007

FLSmidth has signed multiple contracts totaling approximately USD 65 million (approximately DKK 330 million) with Canada based Goldcorp to supply crushing and grinding equipment, and flotation cells for the production of silver, gold, and zinc at their minerals Penasquito Operation in Zacatecas, Mexico.**

The FLSmidth Minerals equipment to be supplied consists of one gyratory crusher, two gearless SAG mills, four Dual Pinion ball mills, 33 SmartCell(TM) flotation cells (roughers and scavengers) and a combination of smaller WEMCO® and Dorr-Oliver® Flotation Cells (cleaners).

The gyratory crusher and mills supplied to Penasquito are some of the largest crushers and mills existent in the world today. The two lines combined will be able to process 130,000 tonnes per day of ore making the installation the largest plant installed under one roof at one time.

First installed in Chile in 2003, the WEMCO® SmartCell(TM) Flotation Technology from FLSmidth has proven successful in many areas of the world exceeding hydrodynamic and metallurgical performance of smaller cells. With this order of 33 SmartCells, Penasquito joins the list of premier mining installations for large cell technology.

"These orders confirm the strength of the new FLSmidth Minerals and the success of the integration of Dorr-Oliver Eimco, as the orders unite both FLSmidth Minerals and Dorr-Oliver Eimco core technology equipment," Group CEO Jørgen Huno Rasmussen comments.

The orders will contribute beneficially to FLSmidth's earnings until the equipment is delivered in early 2009.

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Please address any questions regarding this announcement to Group Chief Executive Officer Jørgen Huno Rasmussen, FLSmidth & Co. A/S at +45 36 18 18 00.

For further information about FLSmidth, please visit www.flsmidth.com.

Yours faithfully

Torben Seemann Hansen

Corporate Communication

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