Gundle Announces Reduced Earnings Expectations

Date: September 24, 2003

Source: News Room

Gundle/SLT Environmental, Inc. (NYSE: GSE), a provider of geosynthetic lining solutions, products and services, has announced that third quarter and year 2003 operating earnings are to be lower than expected, primarily attributable to weather patterns across the United States. The company still expects 2003 to outperform 2002, but has lowered expectations from operations. GSE expects third quarter 2003 net income to be approximately $10 million on sales and operating revenue of $93 million.
More information: www.gseworld.com.

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