GCC Acquires Ready-Mix Assets in South Dakota and Minnesota

CHIHUAHUA, Mexico, Jan. 5  /PRNewswire-FirstCall/ -- Grupo Cementos de Chihuahua S.A. de C.V. ("GCC" or the "Company") (BMV: GCC*), a leading cement producer in the markets where it competes in Mexico, United States and Bolivia, today announced the acquisition of four leading ready-mix concrete companies in eastern South Dakota and western Minnesota.

The acquired companies, Consolidated Ready Mix, Inc., Henrich and Sons, Inc., Huron Steel Structures, Inc., and B&B Concrete, Inc., generate approximately US$ 30 million in revenues annually from 14 strategically located ready-mix plants with a fleet of 100 ready-mix trucks.

This acquisition will enhance GCC's leadership position in the competitive cement markets of South Dakota and the surrounding regions, and position the Company to benefit from anticipated growth in demand for concrete, while immediately augmenting GCC's net sales and EBITDA.

The group of companies, which are the leaders in the markets where they compete, will be operated as Consolidated Ready Mix, Inc., by its current management as a wholly owned subsidiary of GCC.

"This acquisition represents a unique opportunity for GCC to secure its long-term leadership position in a growing market. At the same time, our regional clients in the construction industry will benefit from the full- service cement and ready-mix concrete offering we can now provide," said Manuel Milan, Chief Executive Officer of GCC.

NOTE: A conference call will be held today, Thursday, January 5, 2006, at 1:00 p.m. Mexico City time (2:00 p.m. EST) to discuss this acquisition. Please log onto the webcast at http://www.gcc.com/ , or dial [phone] to participate.

About GCC

GCC is a leading supplier of cement, aggregates, concrete and construction-related services in the markets where it competes in Mexico, United States and Bolivia. The Company's annual cement production capacity is 4.0 million tons. Sales as of September 2005 (12 months) totaled 4.3 billion pesos.

Founded in 1941, the Company's shares trade on the Mexican Stock Exchange under the ticker symbol GCC*.

This document may contain forward-looking statements relating to Grupo Cementos de Chihuahua S.A. de C.V. and subsidiaries (GCC) based upon management's projections. These projections reflect GCC's opinion on future events that may be subject to a number of risks and uncertainties. Various factors may cause actual results to differ from those expressed herein, including, among others, changes in macroeconomic, political, governmental or business conditions in the markets where GCC operates; changes in interest rates, inflation rates and currency exchange rates; construction industry performance; pricing, business strategy and other factors. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described

herein. GCC assumes no obligation to update or correct the information contained in this press release.

http://www.gcc.com/ 

http://www.gcc.com/DATASOURCE: Grupo Cementos de Chihuahua S.A. de C.V.



CONTACT:  Luis Carlos Arias, +011-52-61-4442-3217, or Victor Barriguete,

+011-52-61-4442-3189, both of GCC,  



Web site:  http://www.gcc.com/ 

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