Nexans wins a 100 million euros contract in Libya to supply several high-voltage links

Paris, April 28, 2004 - Nexans, the worldwide leader in the cable industry, has just signed a contract in Libya worth some 100 million euros with General Electric Company of Libya (GECOL) to provide high-voltage underground power transmission links in the country's two main cities, Tripoli and Benghazi.

Cable LibyeThe system will connect the electricity substations, either existing or under construction, that will provide power to the �Suk el Juma�, �Ainzarra� and �National� districts of Tripoli and the �North� and �Central� districts of Benghazi. The new underground links will raise the power transmission capabilities of these two cities, where demand for electricity is growing rapidly.

The infrastructure and fixtures, financed entirely by Libya, are scheduled for completion within a 30-month period. Nexans will make use of its European production facilities in France, Belgium and Switzerland, as well as its Libyan branch, Nexans Libya, formed specifically for this project.

"This success was achieved thanks to the competitiveness of our Group, the acknowledged quality and performance of our products, and a long-standing relationship based on mutual respect and trust in all circumstances with an extremely demanding and highly professional customer," said Patrick Barth, Managing Director of Nexans� High Voltage activity.

For this new challenge, Nexans will engineer, supply and install 190 km of extra-high-voltage (275 kV) cables, 750 connection accessories, 60 km of civil engineering infrastructure and 60 km of telecommunications and remote control cables. Some parts of the project will be carried out by reputable Libyan or international subcontractors under Nexans supervision.

Nexans has in recent months won a number of major high-voltage cable contracts in North Africa (50 million euros in Tunisia for the interconnection of 220kV and 90kV stations nationwide, 55 million euros for the doubling of the extra-high-voltage (400kV) submarine link between Morocco and Spain, and several contracts in Algeria). The Group has thus consolidated its leadership position in the design, manufacture and installation of high-voltage links worldwide and in this area in particular.

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Nexans ist weltweit führender Hersteller der Kabelindustrie. Der Konzern bietet ein umfassendes Produktportfolio modernster Kupfer- und LWL-Kabel für die Märkte der Bereiche Infrastruktur, Industrie und Bauwesen. Kabel- und Systemlösungen von Nexans kommen in allen Bereichen des Lebens zum Einsatz: Telekommunikations- , Daten- und Energiekabelnetze in der Luft- und Raumfahrttechnik, Automobiltechnik, Bahntechnik, Gebäudetechnik sowie Anwendungen der petrochemischen Industrie und der Medizintechnik. Mit Herstellungsbetrieben in 29 Ländern und Büros und Vertretungen in 65 Ländern erwirtschaftete Nexans mit 20.000 Mitarbeitern im Jahr 2004 Umsätze in Höhe von 4,9 Mrd. EURO. Nexans ist ein an der Pariser Börse notiertes Unternehmen.