Exide Technologies Secures New Military Contracts

Company Further Expands Military Support Services in Europe
 

Alpharetta, Georgia - (May 29, 2008) - Exide Technologies (NASDAQ: XIDE, www.exide.com), a global leader in stored electrical-energy solutions, announced today that its Industrial Energy Division in Europe has secured two new military contracts. The new affiliations include an expansion of the Company’s alliance with the German Federal Office of Defense Technology and Procurement (BWB) for battery supply to the German Army, and a submarine battery contract with The Royal Netherlands Navy.

In conjunction with the BWB, the contract calls for Exide to supply approximately 9,600 NBB 248™ maintenance-free NATO bloc batteries to the German Army for military-vehicle applications, including the Leopard 2 Tank. These 12 V/100-ampere-hour GEL™ batteries will be manufactured at Exide’s Industrial Energy manufacturing plant in Büdingen, Germany, and shipped during 2008.

The BWB, the largest technical authority in Germany, is responsible for ensuring that the Federal Office of the Bundeswehr for Information Management and Information Technology (IT-AmtBw) is equipped with state-of-the-art technology and equipment. This is Exide’s third contract with the BWB since 2007.

In addition, the Royal Netherlands Navy has awarded Exide a new contract for the supply of one of the Company’s HAGEN™ branded lead-acid batteries that will serve as the main source of propulsion power for a Walrus-class submarine. The new order will be ready for shipment to the Royal Netherlands Navy later in 2008. Exide’s HAGEN™ submarine batteries, an industry-leading brand for more than 40 years, are manufactured at the Company’s Industrial Energy manufacturing facility in Bad Lauterberg, Germany. This contract is Exide’s second with the Royal Netherlands Navy since 2005.

“Exide has a strong history as a bloc battery supplier for military-vehicle applications in GEL™ technology and also enjoys a leading reputation as a supplier of submarine batteries,” said Joel Campbell President – Industrial Energy Europe for Exide Technologies. “These two new contracts give our Company the opportunity to build on already strong relationships, providing advanced product technology, superior quality and reliability to meet demanding applications.”