Financial News

Ferro's

August 9, 2005

l Ferro’s second quarter coatings sales were $205.5 million compared to $225.9 million reported in the second quarter of 2000. The coatings segment reported net income of $17.7 million, down from the $25 million reported the previous year’s quarter. The company’s performance chemicals segment reported a seven percent gain in second quarter sales to $149.7 million.

l PPG’s coatings sales for the second quarter ended June 30 were $1.16 billion, down from $1.23 billion reported in the same quarter one year ago. For the first half of the year sales were $2.2 billion, down from $2.4 billion one year ago. Operating income for 2Q was $175 million compared to $205 million reported in the same period