Interceramic ADR Programs to Terminate

Chihuahau, Mexico, October 1--Internacional de Ceramica, S.A. de C.V. announces that Citibank, N.A., as depositary under the deposit agreements for Interceramic's two American Depositary Receipt programs in the United States, has sent notice to registered holders of the pending termination of the deposit agreements. As described in the Depositary's notice, the deposit agreements are expected to terminate on Friday, October 29, 2004, unless the United States Securities and Exchange Commission requests an extension of this period. The termination of the deposit agreements is being made pursuant to Interceramic's voluntary delisting of its ADRs from the New York Stock Exchange and the deregistration of its securities from registration with the SEC under the Securities Exchange Act of 1934. While there are a number of reasons why Interceramic has chosen to delist and deregister its securities, significant among them is the company's decision to focus its attention to the Mexican Stock Exchange, where it has maintained a listing since 1991. Holders of Interceramic ADRs wishing to maintain their ownership of the company's securities will be able to take physical delivery of the underlying securities on the terms described in the deposit agreements as well as taking delivery of securities eligible for trading on the Mexican Stock Exchange through book-entry.