Company Announcement to the Danish Financial Supervisory Authority No.
06-2010, 26 March 2010

Pursuant to Article 5 of the Articles of Association, notice is hereby given
that the Annual General Meeting will be held on Friday 16 April 2010 at 16.00
hours at Radisson Blu Falconer Hotel & Conference Centre, Falkoner Allé 9,
DK-2000 Frederiksberg, Copenhagen.

Agenda for business to be transacted at the Annual General Meeting:

 1. Management's review


 2. Submission and approval of the Annual Report


 3. Distribution of profits in accordance with the approved Annual Report


 4. Election of members to the Board of Directors
    The Board of Directors moves that Mr Jørgen Worning, Mr Jens S. Stephensen,
    Mr Torkil Bentzen, Mr Jesper Ovesen, Mr Martin Ivert and Mr Vagn Ove
    Sørensen be reelected.


The individual candidates' managerial positions and background appear from the
company website www.flsmidth.com <http://www.flsmidth.com/>

 5. Appointment of auditor
    The Board of Directors moves that Deloitte Statsautoriseret
    Revisionsaktieselskab be reappointed.


 6. Other business proposed by the Board and/or by shareholders


The Board of Directors moves that the Company's Articles of Association be
amended as follows:

Required amendments of the Articles of Association
6.1 The following proposals are amendments of the Articles of Association
necessitated by the new Danish Limited Liability Companies Act (Act No. 470
dated 12 June 2009):
a) In Article 4, paragraph 4, the word 'share register' to be changed to
'register of shareholders' and in Article 5, paragraph 4, Article 11, paragraph
1 and Article 14 'the Danish Companies Act' to be changed to the 'Danish Limited
Liability Companies Act' so that the terminology used in the Danish Limited
Liability Companies Act is also used in the Articles of Association, whilst the
reference in Article 14 be changed to Section 139 of the Danish Limited
Liabilities Companies Act, and the name of the Company's website be stated.
b) In Article 5, paragraph 2 the notice period before the General Meeting to be
changed from between four weeks and eight days to between five and three weeks
prior to the Meeting.
(c) Article 5, paragraph 5 to be changed to Article 5, paragraph 8, and amended
so that the proportion of shareholders who may request an extraordinary general
meeting is reduced from at least one tenth to at least five percent of the share
capital.
d) Article 5, paragraph 7 to be changed to Article 5, paragraph 9, and amended
so that proposals by shareholders to be considered at the General Meeting must
be submitted in writing to the Company's Board of Directors not later than six
weeks prior to the Meeting.
e) Article 8, paragraph 1 to be amended so that the shareholder's right to
attend and vote at a General Meeting is determined by the number of shares which
the shareholder controls at the date of registration which is one week before
the General Meeting. The shares owned by the individual shareholder are
determined on the date of registration based on the entries regarding the
shareholder's ownership in the register of shareholders and based on
notifications of ownership received by the Company which are to be entered, but
have not yet been entered in the register of shareholders.
f) The provisions in Article 8, paragraphs 1 and 2 concerning admission cards,
time limits for obtaining same, documentation requirements and time limits for
being entered in the share register to be amended so that the time limit for
admission cards is reduced from five to three days and the documentation
requirements and the time limits for registration are deleted to align the
provisions with Article 8, paragraph 1 regarding the date of registration.

Consequential amendments of the Articles of Association
6.2 The following proposals are consequential amendments of the Articles of
Association due to the new Danish Companies Act (Act No. 470 dated 12 June
2009):
a) Article 1 to be amended so that the primary name is not written in brackets
after the secondary names, as this is no longer a statutory requirement.
b) In Article 4, paragraph 1 the term 'aktiekapital' to be changed to
'selskabskapital' (this amendment will only affect the Danish version of the
Articles of Association) so that the term used in the Danish Companies Act is
the same as that used in the Articles of Association.
c) In Article 4, paragraph 4 VP Investor Services A/S' address to be changed to
CVR No. and the primary name in brackets after the name to be deleted.
d) Article 4, paragraph 5 to be deleted as it is no longer a statutory
requirement that authorisation of the Board of Directors to distribute
extraordinary dividend must appear from the Articles of Association. The
authorisation adopted at last year's Annual General Meeting still applies.
e) Article 5, paragraphs 2-3 to be changed to Article 5, paragraphs 2-4 and
amended so that paragraph 2 describes the notice period before the meeting,
while paragraphs 3-4 specify the form of calling the meeting and the contents of
the notice, the wording being amended in accordance with the Danish Companies
Act.
f) Article 5, paragraph 6 to be changed to Article 5, paragraph 5, specifying
the type of information about the general meeting which the Company is obliged
to disclose on its website not later than three weeks before the general meeting
- pursuant to the DanishCompanies Act.
g) A new Article 5, paragraph 7 adds a provision stipulating that the General
Meetings of the Company shall be held in Danish unless otherwise decided at the
General Meeting.
h) A new Article 8, paragraph 4 adds a provision in the Articles of Association
that enables shareholders to vote by letter.
i) Article 8, paragraph 3 to be changed to Article 8, paragraph 5, and the
wording to be rephrased in accordance with the new provisions of the
DanishCompanies Act in Section 80 regarding exercise of voting rights by proxy.
j) Article 9, paragraph 2 to be amended in accordance with the wording of the
DanishCompanies Act regarding majority requirements.
k) A new Article 9, paragraph 3 to be introduced, pursuant to the
DanishCompanies Act, allowing the Board of Directors to amend the Articles of
Association in certain respects.

Other amendments to the Articles of Association
The Board of Directors also proposes the following amendments to the Articles of
Association:
6.3 Article 2 to be deleted because the new Danish Companies Act does not
require the Company's registered office to be stated in the Articles of
Association.
6.4 In Article 4, paragraph 4 the term 'VP Investor Services A/S' to be changed
to 'a securities centre' with a view to VP Investor Services A/S having changed
its name to VP Securities A/S, and allowing for possible future amendments.
6.5 Article 5, paragraph 2 describing the procedure of calling the General
Meeting to be changed to Article 5, paragraph 3, replacing the insertion of a
notice in one or more national daily newspapers by a notice posted on the
website.
6.6 Article 11, paragraph 4 to be amended so that Board members may in isolated
cases only authorise another member in writing to act on their behalf.

In addition, the Board of Directors moves the following:
6.7 The Board of Directors moves that it be authorised until the next Annual
General Meeting to let the Company acquire treasury shares up to a total nominal
value of 10 per cent of the Company's share capital pursuant to Section 12 of
the Danish Companies Act. The consideration for the shares acquired must not
deviate more than 10 per cent from the official price quoted on NASDAQ OMX
Copenhagen A/S at the time of acquisition.
6.8 The Board moves that the Annual General Meeting authorises the chairman of
the meeting to submit reportable resolutions adopted to the Danish Commerce and
Companies Agency and to make corrections in the documents produced in connection
with the said resolutions where this is required by the Danish Commerce and
Companies Agency in order to have the resolutions registered.

 7. Any other business


Inspection at the Company's office
The 2009 Annual Report, the agenda of the Annual General Meeting and the
complete proposals together with the Company's Articles of Association will be
available for inspection by the shareholders at the Company's head office from
Tuesday 23 March 2010 at the address Vigerslev Allé 77, 2500 Valby. The
documents will also be accessible at the Company website www.flsmidth.com
<http://www.flsmidth.com/>.

Admission card
Admission cards to the General Meeting may be obtained by contacting VP Investor
Services A/S, telephone +454358 8892 or fax +454358 8867 or by contacting
FLSmidth & Co. A/S, Vigerslev Allé 77, 2500 Valby in person or in writing.
Admission cards may also be obtained via the VP Investor Services A/S website
www.vp.dk/agm or at the FLSmidth & Co. A/S website www.flsmidth.com. Admission
cards may be obtained until Monday 12 April 2010 at 16.00 hours.
Admission cards are issued to shareholders entered in the Company's register of
shareholders. Shareholders not entered in the register of shareholders may
obtain admission cards on producing evidence of the shareholding in the form of
a not more than five days old statement of account from VP Securities A/S or the
account-holding bank (deposit bank).

Majority
To adopt the resolutions stated in items 6.2 - 6.6 on the agenda, it is
necessary that two thirds both of the votes cast and of the share capital
represented and entitled to vote at the General Meeting are in favour of the
resolutions. To adopt the resolutions proposed in item 6.1 of the agenda, it is
necessary that one shareholder votes in favour of the resolutions. To adopt the
remaining resolutions on the agenda, a simple majority of votes is required.

The Company's share capital
The Company's share capital of DKK 1,064,000,000 nominal value is divided into
shares of DKK 20. Each DKK 20 share entitles the holder to 20 votes. Pursuant to
Article 8, paragraph 2 of the Articles of Association, if a share has been
acquired by transfer the holder's right to vote is subject to the requirement
that the said shareholder prior to the calling of the General Meeting has either
been entered in the Company's register of shareholders or has notified the
Company of such share transfer and produced evidence thereof.

Proxy
If you are unable to attend the General Meeting, you may use the proxy form
which is on the back of the registration form, to authorise the Board of
Directors to cast the votes attached to your shares. In that case your votes
will be cast in accordance with the recommendation of the Board of Directors.
You may also choose to authorise the Board of Directors to act on your behalf by
indicating on the form how you wish the Board to cast your votes. Finally, you
may also appoint a specific third party as your proxy. In that case your proxy
shall receive an admission card from VP Investor Services A/S. The card must be
brought along to the General Meeting.
If you choose to be represented by proxy, please send the proxy document to VP
Investor Services A/S, Weidekampsgade 14, DK-2300 Copenhagen S, or fax it to +45
4358 8867, or you may appoint a proxy electronically via the company website
www.flsmidth.com or via www.vp.dk/agm.

The signed proxy form or the electronic proxy must be received by VP Investor
Services A/S not later than Monday 12 April 2010 at 16.00 hours.

Questions from the Shareholders
Any questions from the Shareholders concerning the agenda or other documents
concerning the General Meeting may be addressed to the company FLSmidth & Co.
A/S, Vigerslev Alle 77, DK-2500 Valby in writing.

Additional information about the Annual General Meeting
At www.flsmidth.com/investor additional information is available in the form of
complete and unabridged text concerning the Annual General Meeting, including
the 2009 Annual Report, the notice of the meeting, the total number of shares
and voting rights on the date of distributing the notice, the agenda, the
complete proposals, proxy form for use at the General Meeting and the Articles
of Association.


                                          ------------------------------------


For further information about FLSmidth, please visit www.flsmidth.com
<http://www.flsmidth.com/>.

Valby, March 2010, FLSmidth & Co. A/S
The Board of Directors




[HUG#1398129]





    Link to PDF version: http://hugin.info/2106/R/1398129/353911.pdf