Prospectus Supplement dated July 1, 2003 to Chicago Bridge & Iron Company N.V.
Regarding the description of the Federal Trade Commission (FTC) legal proceeding described on pages 40 and 41 of the Prospectus, on June 27, 2003 counsel for CB&I was served with the FTC Staffs notice of appeal of unspecified aspects of the June 12, 2003 Order of the FTC Administrative Law Judge. CB&I has also determined to file an appeal of the adverse aspects of the Judges ruling. We cannot predict the outcome or effect of such appeals.