Exide Technologies' GNB Industrial Power Announces Supply Agreement With NTT Facilities, Inc.

    PRINCETON, N.J., March 22 GNB Industrial Power, a division
of Exide Technologies , today announced an agreement with NTT
Facilities, Inc., covering the next 12 months, to supply Large Valve Regulated
Lead Acid (LVRLA) batteries valued at more than $10 million.
    Based on Absolyte(R) technology and produced in Fort Smith, Ark., the
MST500 and MST1000 batteries deliver 500- and 1000-ampere hours, respectively,
of back-up power in telecommunications applications.
    During their 12-year relationship, the Exide Technologies unit has been
NTT's primary supplier of LVRLA batteries.  GNB has furnished NTT (Nippon
Telegraph & Telephone) with Absolyte(R) II, IIP, and XL technologies in
addition to the current MST product (which is NTT-specific).  The development
of the Absolyte(R) XL technology allowed NTT to replace outdated flooded-type
batteries, which posed a safety risk during earthquakes.
    According to Mitch Bregman, President of GNB Industrial Power, "NTT has
been a valuable partner and customer.  The long-term commitment on both sides
of the equation means better products and services for NTT and its customers."
    The Absolyte(R) IIP and XL products represent the world's most advanced
valve regulated technology in terms of both reliability and performance.  The
patented designs are based on more than 17 years of industry-leading
experience and expertise in the design and manufacture of sealed lead-acid
battery systems.
    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 both the industrial and
transportation markets.
    Industrial applications include network-power batteries for
telecommunications systems, electric utilities, railroads, photovoltaic
(solar-related power) and other critical uninterruptible power supply (UPS)
markets; and motive-power batteries for a broad range of equipment uses
including lift trucks, mining vehicles and other commercial electric vehicles.
    Transportation uses include automotive, heavy-duty truck, agricultural,
marine and other batteries; and new technologies being developed for hybrid
vehicles and new 42-volt automobile applications.  Further information on
Exide, its financial results and recent events can be found on the Internet at
http://www.exideworld.com.