1. Press Conference Report on the third quarter 2002, Outlook and Strategy Vienna, November 26, 2002

2. January to September 2002 Highlights Return to earnings power Profitable growth Decisive change in shareholder structure

3. January to September 2002 Results Sales +8% to € 1,270.2 mill. (organic +2%) Operating EBITDA +35% to € 242,1 mill. Profit after Tax from 29.3 to € 83.2 mill. Earnings per share € 1.25

4. Economic conditions Ongoing downward-adjustments of forecasts on economic growth Slow-down in economy in Western Europe Ongoing decline in housing starts in Germany Uncertainty about US economy Growth in Eastern Europe  slight slow-down, but significantly better than Western Europe

5. January to September 2002 Results Significant rise in earnings depite advers business climate due to internal strengthening Significantly higher results in all segments Contribution Hanson BCE:  Sales: € 69.9 mill., EBITDA: € 9.3 mill. Non-recurring result in total: + € 0.9 mill.  Non-recurring income: € 27.2 mill.  Non-recurring expenses: € 26.3 mill. (€ 3.7 mill. cash-out)

6. Wienerberger Group 1) Adjusted for non-recurring income and expenses

7. Results by Segment Sales EBITDA

8. Wienerberger Group Value Management 1) Complete IAS 34 quarterly financial statements not available as of Sept. 30, 2001 2) Before amortization of goodwill, excluding non-recurring income and expenses 3) WACC 1-9/2002: 7.0%

9. Wienerberger Goup Corporate data 1) Equity plus minority interest

10. Markets and activities

11. Bricks Central and Eastern Europe Market conditions 120 mill. inhabitants Backlog demand in quality housing Bricks: clear No. 1 in wall building materials Wienerberger with strong market positions Growth Positive influence through expansion of European Union

12. Bricks Central and Eastern Europe Highlights Better results in all markets except Czech Republic Measures:  Takeover of hollow brick plant Lajsi in Poland  Acquisition of concrete paver plant in Poland by Semmelrock  Integration of two Hanson facing brick plants in Poland  Construction start for hollow brick plant in Romania

13. Bricks Central and Eastern Europe Strategy and Outlook Expected growth for 2003 Strategy:  Ongoing growth and optimization  Utilization of possibilities to expand in all markets (bolt-on)  Expansion especially in Poland and Romania, and for Semmelrock concrete pavers

14. Bricks Central and Eastern Europe

15. Bricks Western Europe Germany Significant increase in results in spite of stagnating demand Restructuring and price increases Closing of two hollow brick plants  Costs of Restructuring € 6,8 mill. (thereof € 2.3 mill. cash expenses) Further decline in 2003 expected Strategy 2003:  Ongoing optimization  Reasonable price policy

16. Bricks Western Europe Austria, Switzerland, Italy Increase in results in Austria and Switzerland Italy improved on a very high level Measurements:  Optimization of activities  Sale of facade insulation business in Switzerland (Sales: € 10 mill.)

17. Germany, Austria, Switzerland Strategy and Outlook Housing starts under pressure  Germany: in best case stagnating, possible decline of 10%  Continuation of price recovery in Germany!  Austria and Switzerland: slight market decline, maybe stable Strategy: ongoing consolidation and optimization

18. Bricks Western Europe Belgium, France, UK Positive development of economy Increase in hollow and facing bricks market shares Growing export of facing bricks to UK and Ireland

19. Bricks Western Europe Netherlands, North Europe, Baltic Slowdown of economy Internal strenthening by adjustment of capacities in Denmark, Sweden and The Netherlands Concentration on new products and systems in the facing brick business Market entry with hollow bricks in The Netherlands and Scandinavia

20. Takeover Hanson Brick Continental Europe Takeover as of April 22, 2002 23 plants Sales (2001): € 150 mill. EBITDA (2001): € 14 mill. 1.060 employees Countries: The Netherlands, Belgium, France, Poland and Germany

21. Wienerberger “World Champion in Integration" Within two months:  only one IT-System  only one administration, sales and marketing per country  Successful tunraround in Germany completed (closing of plants)  Entry in the facing brick market Poland with 2 plants Closing of 6 plants 300 employees declared redundant

22. Results of Hanson Acquisition Strong No. 1 position in the following markets:  Belgium  The Netherlands  France Strenthening of profitability in North-Western Europe Industrial leading positions in the facing brick market in Continental Europe Full synergies of € 13 mill. as of January 2003

23. Bricks Western Europe Outlook In total stable development in Western Europe Slight market decline in Holland Stable development in Belgium and Italy France stagnating, but Wienerberger better performance than the market Northern Europe stable

24. Bricks Western Europe Strategy Strong local organizations with excellent market know-how Focus on product and system development Ongoing optimization Acquisitions for market restructuring, strenthening of market shares and bolt-on

25. Bricks Western Europe

26. Bricks USA US housing starts remain strong Solid sales volume, prices slightly increased Significant increase in results despite weaker US Dollar Measurements:  Construction start of facing brick plant in US (Total investment of USD 30 mill.)

27. Bricks USA Strategy and Outlook Slight decrease of housing starts expected  Effecting mainly the low-price segment  Brick market share will increase  Solid development of volume for Wienerberger expected  Long-term potential of growth due to demographics Ongoing expansion of market position Strenthening of direct sales Rise in level of automation

28. Bricks USA

29. Pipe and Roofing Investments Significant increase in results for Pipelife and Steinzeug Bramac remaining unchanged on a solid level Measurements:  Sale of minority investment in clay pipe plant in Malaysia  Valuation adjustments with respect to weaker expectations for economy  Cost of restructuring € 19.5 mill. (thereof € 1.3 Mio. cash-expenses)

30. Pipe and Roofing Investments

31. Strategy

32. Shareholder structure 65,3 Mio. Aktien... Free float as of January 2002

33. Development of shareholder structure Reduction of Bank Austria/Koramic shares below 50%  Target realized Koramic sold 7% to Austrian insurance group Wiener Städtische and will remain minority shareholder, current stake approx. 20% Bank Austria: no sale of shares planned, will remain minority shareholder, current stake approx 26% Wienerberger free float: currently 53%  Target: further increase of free float

34. Mid-term Strategy Bricks  Core business  Maximization of Cash-flows  Expansion of market positions / market shares / new markets Pipe and Roofing Investments  Optimization of Cash-flows (Dividends)  Dissolve joint-venture structures ("in or out") Real Estate and Other  Realization within the next 5 years and re-invest in bricks  Value: € 160 to 180 mill.

35. Wienerberger brick markets 2002 Turnaround markets Mature markets Growth markets No Wienerberger presence + USA: growth market

36. Expansion strategy Existing Markets New Markets New products Existing products Brick products in our existing markets e.g.: roofing Russia, Romania, Bosnia,...

37. Main focus in strategy Ongoing optimization and internal strengthening Growth:  Various small projects in brick business (bolt-on)  Few major projects  re-investment of cash-flows  Further sale of real estate assets Dissolve joint-venture structures Development of a segment (brick related) Increase of free-float of our share

38. Goals 2002 and 2003 2002: Operating EBIT significantly higher than € 100 mill. (and close to comparable record level in 2000 of € 147 mill.) 2003:  Profitable growth  Further increase in earnings

39. Solid Financial Basis Strong increase in profitability High cash-flows and crisis resistance Maintenance capex below amortization (only 50 - 60%) Solid financing structure: 67% Gearing Approx. € 150 mill. annually for growth Profitable growth through bolt-on acquisitions Attractive dividends

40. Development of dividends Goal: Attractive Dividends

41. Strong industrial basis Worldwide leader in bricks (hollow and facing bricks) The Consoliditor of the brick industry Well-balanced geographical portfolio Leading positions in all major brick markets Strong presence and results in Eastern Europe (growth) Lean and transparent structure  Wienerberger stands for Stability and Growth

42. Building Value for Investors, Customers and Employees Our Mission Wienerberger Investor Relations Wienerberger AG, A-1100 Vienna, Wienerbergstrasse 11 T +43 1 60192 - 463, F +43 1 60192 - 466 investor@wienerberger.com | www.wienerberger.com