Exide Technologies to Supply 3G Infrastructure Services AB; Exide Sweden Largest Battery Supplier to Swedish UMTS Network

PRINCETON, N.J., May 14, 2003 -- Exide Technologies (BULLETIN BOARD: EXDTQ, www.exide.com) , a global leader in stored electrical-energy solutions, recently secured a new contract agreement with 3G Infrastructure Services AB (3GIS) to supply batteries for the Swedish 3G/Universal Mobile Telecommunications System (UMTS). 3GIS is a joint venture project involving Vodafone, 3 (formerly Hi3G) and Orange, responsible for building a countrywide 3G network in Sweden.

According to the terms of the contract, Exide will supply FT 12V 105 network power batteries designed to provide emergency backup power. The new contract makes Exide the largest battery supplier for the UMTS in Sweden.

UMTS is a third-generation (3G) broadband, packet-based system for the transmission of high volumes of text, digitized audio, video and multimedia. It will play a key role in creating a mass market for high-quality wireless communications worldwide. When UMTS is fully implemented, users of small, wireless devices such as handheld computers and cellular phones can maintain a constant Internet connection anywhere in the world, with global roaming and advanced capabilities. 3G technology already is available in Europe and Japan, and the equipment is starting to appear in the U.S. and other countries.

"By 2010, the market for high-quality wireless multimedia communications could exceed two billion users worldwide," said Craig H. Muhlhauser, Chairman and CEO of Exide Technologies. "As one of the world's largest manufacturers of industrial and transportation batteries with an expansive global presence, Exide is in the best position to accelerate the deployment of this much anticipated technology."

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 two global business groups -- industrial energy and transportation -- provide a comprehensive range of stored electrical energy products and services for industrial and transportation applications.

Industrial uses include network power applications such as telecommunications systems, electric utilities, railroads, photovoltaic (solar-power related) and uninterruptible power supply (UPS); and motive-power applications for a broad range of equipment uses, including lift trucks, mining vehicles and commercial vehicles.

Transportation applications include automotive, heavy-duty truck, agricultural and marine, as well as new technologies being developed for hybrid vehicles and new 42-volt automotive applications. The company supplies both aftermarket and original-equipment transportation customers.

Further information about Exide Technologies, its financial results and other information can be found at www.exide.com.

About 3G Infrastructure Services

3G Infrastructure Services AB was formed in April 2001 and is owned by mobile operators Vodafone, 3 and Orange Sweden. The company's objective is to build and operate the infrastructure that will enable operators to offer their customers UMTS-based mobile services outside Stockholm, Gothenburg, Malmo and Karlskrona. When the rollout is completed, 70 per cent of the Swedish population will have access to faster communication via the company's infrastructure, which will be integrated with the operators' respective networks.

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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