Exide Technologies Announces Third Fiscal Quarter Dividend

    PRINCETON, N.J., Feb. 8 The Board of Directors of Exide
Technologies , the global leader in stored electrical energy, has
voted a corporate cash dividend for its third fiscal quarter of $.02 per share
of common stock, payable March 2, 2001, to shareholders of record on
February 21, 2001.

    Exide Technologies is the global leader of stored electrical energy
solutions.  With annual revenues of more than $3 billion, operations in
89 countries and 21,000 employees, the company serves the industrial and
transportation aftermarkets and original equipment markets.

    Industrial applications include network power batteries for
telecommunications systems, electric utilities, railroads, photovoltaic and
other critical uninterruptible power supply markets; and motive power
batteries for a broad range of equipment uses including lift trucks, mining
and other commercial electric vehicles.

    Transportation uses include automotive, heavy duty, agricultural, marine
and other batteries and new technologies being developed for hybrid vehicles
and new 42-volt automobile applications.