WHERE WE ARE

ZML PLANTS

HISTORY

1971 - Start of activity as a captive manufacturer of metal components for Zanussi, an Italian leading producer of household appliances

1973 - Acquired and subsequently merged with the casting business of Zoppas, another Italian player in the household appliance market

1984 - Zanussi Group is acquired by the Swedish Group Electrolux

1987 - ZML is contributed to Electrolux Components Companies and undertakes business development outside the Group

1993 - Acquisition of Gronda, a producer of copper wire, in nearby Aviano

1995 - Diversification of the aluminum business into the automotive sector

2001 - Electrolux decides to focus on core activities and earmarks ZML for disposal

2002 - Acquisition completed by the management with Vestar Capital Partners

OWNERSHIP

VESTAR CAPITAL PARTNERS (VCP) Majority shareholder

Firm specialized in management of private equity funds

Company Managers

ZML STRATEGIC ISSUES

Products range widening

Added Value Increasing

New Materials and Technologies

Simultaneous Engineering

Deep Involvement and Cooperation with the Territory(consortium – informative network – logistic)

WORKING WITH THE TERRITORY

University (Roma, Udine, Trieste)

Metals Laboratory

Rapid Prototyping

NIP (Industrial Park and Services)

Category Associations (Assofond,…)

Local Entities (Social B/S)

Metals District

R&D

R&D Methods applied to all and every company process to get continuous improvement.Researching New Technology processes and materials, through and together with national and local research bodies.

MISSION

Provide innovative, technologically advanced solutions and quality products to our customers, framed in a commitment of ethical, social and environmental responsibility.

VALUES

• Customer

• Quality

• Leadership

• Professionalism

• Responsibility

• Pride

• Environment

• Society

Managing DirectorA. OLIMPI

Cast Iron Divisiona.i.A.OLIMPI

Aluminum DivisionG. SARTORI

Copper DivisionG. SARTORI

Administration -I.T. & ControlP. GASPARDO

HR D.FRATTAROLO

Industrial AreaM. PITTERI

Material AreaG. DRUSIAN

Quality AssuranceS. NOTARO

Industrial AreaM.PITTERI

Materials area L. CASONATTO

Quality AssuranceR.BAVA

Industrial Areaa.i. G. SARTORI

Materials AreaN. SARTORI

Quality AssuranceM. RIGUTTO

Central QualityR.BAVA

Strat.Analisis end InnovationS.NOTARO

ManufacturingProduction planningMaintenanceQuality ControlEngineeringProduct Development

PurchasingLogisticsSales

ManufacturingProduction planningMaintenanceQuality ControlEngineeringProduct Development

PurchasingLogisticsSales

ManufacturingProduction planningMaintenanceQuality ControlEngineeringProduct Development

PurchasingLogisticsSales

ZML ORGANIZATION CHART

GENERAL FIGURES

Number of employees Average 636 (124 White Collars/512 Blu Collars)

Main Products · Rough/Machined Castings in Grey Iron · Die Cast Aluminum and machined products · Enamelled Copper Wire

Technologies · Cast Iron Green Sand Development of new alloys under study (high carbon, Si-Mo, nodular)

· Aluminum Cold chamber pressure die-casting Liquid forging/casting Phase I completed

· Copper Drawing, annealing and enamelling of wire

Total Area 348.232 m2

Covered Area 110.159 m2

PRODUCTION FACILITIES AND RANGE

Components Production Capacity

Facilities

Cast Iron 0,10 to 10 Kg 70.000 tons/years in 3 shifts per day

1 horizontal moulding line (flasks) 975x675x230+2302 vertical moulding lines (Disamatic) moulds 600x480x120-330

Aluminium 0,07 to 19 Kg 11.000 tons/yearin 3 shifts per day

33 horizontalCold-chamberPresses from 400 to 2500 tons

Copper 0,2 to 3,55 mmEnameled WireClass F (155°C)Class H (180°C)Class C (200°C)

23.000 tons/yearin 3 shifts per day

5 vertical ovens18 horizontal ovens

75,8

111,3113,7

127,3

143,8139,5

152,6

140,3 145 141

0

20

40

60

80

100

120

140

160

EU

RO

MIL

LIO

NS

1994 1995 1996 1997 1998 1999 2000 2001 2002 2003

ZML SALES

40,24

45,08

52,65

29%

33%

38%

GHISA ALLUMINIO RAME

Vendite per Divisione 2003 (In milioni di € e in %)

Slovakia, 3,5%

Spain, 6,3%

Others (<1%), 3,4%

Italy, 57,7%

Austria, 8,1%

France, 8,0%

Germany, 13,0%

2003 SALES BY COUNTRY

3,73,5

3,8

5,5

7,68

0

1

2

3

4

5

6

7

8

EU

RO

MIL

LIO

NS

1999 2000 2001 2002 2003 2004E

INVESTMENTS