CONTENTS

• ITALIAN CONSTRUCTION EQUIPMENT MARKET CONTINUES TO DECLINE
• KOMATSU UNVEILS A TELESCOPIC LIFT TRUCK
• PORTUGUESE MARKET PLUNGES IN 2003
• THE MARKET FOR ASPHALT FINISHERS IN FRANCE
• UK CONSTRUCTION EQUIPMENT OUTLOOK REMAINS OPTIMISTIC
• WERKLUST REBORN ONCE AGAIN

• FINANCIAL RESULTS
• THIRD QUARTER
  • CNH – USA
  • INGERSOLL-RAND – USA
  • CATERPILLAR – USA
  • TEREX – USA
• FOURTH QUARTER
  • JLG – USA