Exide Technologies and Club Assist Sign New Agreement

LAWRENCEVILLE, N.J., June 30 -- Exide Technologies , ( http://www.exide.com/ ), and Club Assist PTY Ltd. have signed a new, five-year global battery supply agreement. Exide Technologies is a global leader in stored electrical-energy solutions. Club Assist Corporation is the largest battery retailer and service provider to Auto Clubs throughout the world. The two organizations have had a partnership since 1992.

The global agreement calls for Exide to supply replacement automotive starting batteries to the Club Assist organizations in the United States, Canada, Australia, the UK and Europe. Bringing together the best global practices of two world leaders in battery manufacturing and battery servicing, the organizations provide motorists with access to premium battery technology served through a global network of experienced technicians 24 hours per day / 365 days per year.

Both companies expect the agreement to provide a strong, strategic advantage in these new markets, where motorists demand a logistics model similar to the ones being implemented by Club Assist Corporation in other parts of the world.

Stuart Davies, Club Assist Corporation's Chief Executive Officer, and Brett Davies, Managing Director, anticipate substantial global growth of the Club Assist organization. As a result, they expect their organization to purchase a significant number of batteries from Exide Technologies during the next five years.

"Club Assist has developed a unique business model to support Automobile Clubs worldwide. This agreement allows Exide to continue developing our relationship in other parts of the world," said David Enstone, President of the Exide Technologies Global Transportation Business Group. "We look forward to a long and mutually beneficial relationship with Club Assist in serving motorists worldwide with premium products and services."

About Club Assist Corporation:

Club Assist Corporation is a global organisation which partners 44 Automotive Clubs worldwide consisting of more than 3,000 Emergency Roadside Assistance personnel. Through its participating automotive clubs such as AAA in the United States and CAA in Canada, it offers a roadside battery replacement service to current members of these automotive clubs.

About Exide Technologies:

Exide Technologies, with operations in 89 countries and fiscal 2004 net sales of approximately $2.5 billion, is one of the world's largest producers and recyclers of lead-acid batteries. The Company's two global business groups -- transportation and industrial energy -- 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 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 or expected results of the Company to be materially different from any results expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from these forward looking statements include, but are not limited to, (i) the Company's ability to implement business strategies and continued financial and organizational restructuring initiatives, (ii) the ability to maintain margins as a result of the competitive nature of the battery markets, (iii) general global economic conditions and (iv) the ability to acquire goods and services and/or fulfill labor needs at budgeted costs. These factors are enumerated in further detail in the Company's most recent Form 10-K filed on June 29, 2004.

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