Exide Technologies Earns 'Achieving Excellence' Awards From John Deere

PRINCETON, N.J., Feb. 27 -- Exide Technologies (BULLETIN BOARD: EXDTQ) (www.exide.com ), a global leader in stored electrical-energy solutions, has been recognized once again by Deere & Company for its outstanding supplier performance.

John Deere, the world's leading manufacturer of agricultural and forestry equipment; a leading supplier of equipment used in lawn, grounds and turf care; and a major manufacturer of construction equipment, recently presented Exide with four prestigious "Achieving Excellence" awards -- from the John Deere Marketing Group (aftermarket); John Deere Construction and Forestry Division; Industrias John Deere S.A de C.V. (John Deere Mexico); and the John Deere Harvester Works facility in East Moline, Illinois.

The John Deere Harvester Works facility is the world's largest, most modern combine manufacturing facility in the world; the other John Deere locations produce tractors, heavy construction equipment including backhoes, motor graders, log skidders, bulldozers and crawler tractors. The Exide Technologies' Manchester, Iowa, manufacturing facility supplies starting batteries for the John Deere heavy-duty equipment.

"Exide Technologies has been a supplier to John Deere for more than 40 years, and our relationship with this important customer continues to grow stronger than ever," said Craig H. Muhlhauser, President and Chief Executive Officer of Exide Technologies. "These awards acknowledge that Exide's products and services continue to meet the exacting quality standards that John Deere customers expect."

About Exide Technologies:

Exide Technologies, with operations in 89 countries and fiscal 2002 net sales of approximately $2.4 billion, is one of the world's largest producers and recyclers of lead-acid batteries. The company's three global business groups -- transportation, motive power and network power -- provide a comprehensive range of stored electrical energy products and services for industrial and transportation applications.

Transportation markets include original-equipment and aftermarket automotive, heavy-duty truck, agricultural and marine applications, and new technologies for hybrid vehicles and 42-volt automotive applications.

Industrial markets include network power applications such as telecommunications systems, fuel-cell load leveling, electric utilities, railroads, photovoltaic (solar-power related) and uninterruptible power supply (UPS), and motive-power applications including lift trucks, mining and other commercial vehicles.

Further information about Exide, its financial results and other information is available at www.exide.com .

Certain statements in this press release may constitute forward-looking statements as defined by the Securities Litigation Reform Act of 1995. As such, they involve known and unknown risks, uncertainties and other factors that may cause the actual results of the company to be materially different from any results expressed or implied by such forward-looking statements. These are enumerated in further detail in the company's Form 10-K.

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