Exide Technologies Announces Closure of Shreveport Automotive Facility

ALPHARETTA, Ga.--April 24, 2006--Exide Technologies (www.exide.com), a global leader in stored electrical-energy solutions, announced today the closure of its Shreveport, La. lead-acid battery manufacturing facility, effective June 22, 2006.

The facility manufactures automotive batteries for Ford Motor Company, among other aftermarket customers. Battery production from the Shreveport facility will be absorbed by other Exide locations. This production move is anticipated to deliver significant operational manufacturing and logistical efficiencies while maintaining support and service to a major customer.

More than 200 employees at the Shreveport location are affected by the shutdown.

"Our Shreveport location has been operational since 1968, and the decision to close it was extremely difficult," said Gordon A. Ulsh, President and Chief Executive Officer of Exide Technologies. "By no means is the closure a reflection of our employees' efforts or commitment to Exide. We regret the impact that this will have on all the people who are affected by this action and thank all of our Shreveport employees for their many years of service."

The closure is expected to assist Exide in better addressing its challenges in the marketplace.

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, are available at www.exide.com.

Forward-Looking Statements