Exide Technologies to Produce the New Liberator(TM) Low Maintenance Lift Truck Battery in North America

LAWRENCEVILLE, N.J., June 3 -- Exide Technologies ( http://www.exide.com/ ), a global leader in stored electrical- energy solutions, has added the Liberator(TM) Low Maintenance battery to its line of flooded, tubular-plate industrial lift truck batteries available in North America.

Liberator(TM) Low Maintenance batteries are built with tubular-plate technology, the most widely used type of lift truck battery design in the world.

"Exide Technologies, which has been manufacturing and marketing the Liberator(TM) Low Maintenance batteries in the UK and Europe for the past five years, now is offering this proven technology to our customers in the U.S., Canada and Mexico," said Neil Bright, president of the Industrial Energy Business Group. "This new technology augments the Exide product portfolio in North America to include GNB(R) and Pacific Chloride(R) brand flooded flat-plate and tubular-plate models as well as Champion(R) valve-regulated lead-acid products."

Tubular technology, engineered to deliver increased power and efficiency and maximize battery life, enables Liberator(TM) Low Maintenance batteries to deliver a larger amount of consistent, reliable power than flat-plate batteries of equal size. The result is greater productivity because of a reduced number of battery change-outs and longer lift truck run times. The new plate design also provides more than 70 percent more electrolyte headspace. When combined with low antimony positive grids and an optimized charge profile, the tubular technology reduces water loss during charging and translates into a 90-day watering interval (based on one cycle per day to 80 percent depth of discharge and five-days per week operation).

The battery is designed for use in every major electric lift truck in Class I (sit-down, counter-balanced), Class II (narrow aisle) and Class III (walkie pallet) models.

Liberator(TM) Low Maintenance batteries are available now in three configurations: Standard, Gold, and Platinum.

   -- The Standard option is the battery with classic, 1/4-turn, bayonet-
      style vent caps for locations with dedicated battery managers who
      prefer manual battery watering.
   -- The Gold option, which greatly reduces battery-watering time, includes

      an electrolyte level sensor and a single point watering kit suitable
      for most water supply pressures.
   -- The Platinum option includes an electrolyte level sensor, a single
      point watering kit, and a maintenance package that includes quarterly
      watering and annual battery inspection, cleaning, and routine
      maintenance adjustments.

The Liberator(TM) Low Maintenance batteries will be manufactured in the Exide Technologies Kansas City manufacturing facility. Initially, the batteries will be produced in 12-, 24-, 36-, 48-, 72-, and 80-volt sizes and in 85, 100 and 125 ampere-hour/plate ratings.

More information on Liberator(TM) Low Maintenance batteries, including a free copy of the Liberator(TM) Low Maintenance Batteries and Chargers brochure GB4012, is available at the toll-free number 877/462-4636.

GNB(R) and Pacific Chloride(R) are registered trademarks of Exide Technologies.

  Champion(R) is a registered trademark of Federal-Mogul Corporation.

  About Exide Technologies:

Exide Technologies, with operations in 89 countries and fiscal 2003 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 network power, motive power, 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 and its financial results are available at http://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.

   MEDIA CONTACT:
   Jeannine Addams or Kristin Wohlleben
   Tarkenton & Addams, Inc.
   404/231-1132

   At Exide Technologies:
   Michael Matson
   Motive Power Flooded Product Marketing Manager
   630/862-2238
   michael.matson@exide.com

   Khris Wilkins
   651/681-8268
   kwilkins@isresults.net

   INVESTOR CONTACT:
   Doug Morris
   Gavin Anderson & Company
   212/515-1962