Exide Technologies Awarded Battery and Maintenance Contract by BP Solar Arabia for Saudi Telecom

ALPHARETTA, Ga.--July 26, 2005--Exide Technologies (www.exide.com), a global leader in stored electrical-energy solutions, announced today that it has been selected by BP Solar Arabia to provide replacement batteries for its client Saudi Telecom. The batteries will be used as a source of back-up power for the long-distance transmission network in the Kingdom of Saudi Arabia.

Under the contract, Exide will supply Absolyte(R) IIP batteries for 175 digital microwave transmission and fiber optic transmission telecommunications sites in Saudi Arabia. The batteries, which will be manufactured at Exide's plant in Fort Smith, Arkansas, are expected to be delivered in October and December 2005.

"This is an important order for us in the growing renewable energy sector," said Neil Bright, President Industrial Energy - Europe. "This business win also demonstrates the global nature of our organization, from the sales and technical support by our team in Dubai to the actual manufacturing in the United States."

About Exide Technologies

Exide Technologies, with operations in 89 countries, is one of the world's largest producers and recyclers of lead-acid batteries. The Company's four global business groups - Transportation Americas, Transportation Europe and Rest of World, Industrial Energy Americas and Industrial Energy Europe and Rest of World - 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, 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, including its financial results, is available at www.exide.com.

Forward-Looking Statements

Except for historical information, this press release may be deemed to contain "forward-looking" statements. The Company desires to avail itself of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 (the "Act") and is including this cautionary statement for the express purpose of availing itself of the protection afforded by the Act.

Examples of forward-looking statements include, but are not limited to (a) projections of revenues, cost of raw materials, income or loss, earnings or loss per share, capital expenditures, growth prospects, dividends, the effect of currency translations, capital structure and other financial items and (b) statements of plans of and objectives of the Company or its management or Board of Directors, including the introduction of new products, or estimates or predictions of actions by customers, suppliers, competitors or regulating authorities,

Factors that could cause actual results to differ materially from these forward looking statements include, but are not limited to, the following general factors such as: (i) the Company's ability to implement business strategies and restructuring plans, (ii) the Company's substantial debt and debt service requirements which may restrict the Company's operational and financial flexibility, as well as imposing significant interest and financing costs and the Company's ability to comply with the covenants in its debt agreements or obtain waivers of noncompliance, (iii) the fact that lead, a major constituent in most of the Company's products, experiences significant fluctuations in market price and is a hazardous material that may give rise to costly environmental and safety claims, (iv) competitiveness of the battery markets in North America and Europe, (v) risks involved in foreign operations such as disruption of markets, changes in import and export laws, currency restrictions, currency exchange rate fluctuations and possible terrorist attacks against U.S. interests, (vi) the Company's ability to maintain and generate liquidity to meet its operating needs, (vii) general economic conditions, (viii) the ability to acquire goods and services and/or fulfill labor needs at budgeted costs and (ix) the Company's reliance on a single supplier for its polyethylene battery separators.

Therefore, the Company cautions each reader of this press release carefully to consider those factors hereinabove set forth, because such factors have, in some instances, affected and in the future could affect, the ability of the Company to achieve its projected results and may cause actual results to differ materially from those expressed herein.