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Exide Corporation Appoints Two New Board Members

17 April 2000

Exide Corporation Appoints Two New Board Members

    READING, Pa., April 17 Exide Corporation (NYSE: EX)
announced today it has appointed two new members to its board of directors.
They are Lynne V. Cheney, a senior fellow at the American Enterprise Institute
for Public Policy Research, and Jody G. Miller, a venture partner with Maveron
LLC, a Seattle-based venture capital firm.
    Ms. Cheney is also the author of "Telling The Truth: Why Our Culture and
Country Have Stopped Making Sense."  From 1986 until 1993 she served as the
chairperson for the National Endowment for the Humanities.  Her editorials on
educational issues appear in numerous publications including The Wall Street
Journal and The New York Times.
    Before joining Maveron, Ms. Miller was acting president and chief
operating officer of Americast, a digital video and interactive services
partnership of Ameritech, BellSouth, GTE, SNET and the Walt Disney Company.
    She also served in the White House as special assistant to the President
from 1993 to 1995, where she was involved with matters as diverse as
healthcare, welfare reform and NAFTA.  In addition, Ms. Miller served as legal
counsel to Secretary of Education Richard Riley when he was Governor of South
Carolina and she has held senior positions with Lehman Brothers and Time
Warner.
    Robert A. Lutz, Chairman and Chief Executive Officer at Exide, said, "We
welcome these two distinguished women.  We believe that their business acumen,
breadth of experience and sense of purpose will bring great benefits to
Exide."
    Ms. Cheney has a Ph.D. in 19th Century British Literature from the
University of Wisconsin, and M.A. in English from the University of Colorado
and a B.A. from Colorado College.
    Ms. Miller is a graduate of the University of Virginia School of Law and
has a B.A. in psychology from the University of Michigan.
    The new members join a board of directors and management team that has
been totally revamped since the appointment of Robert A. Lutz approximately
one year ago.  Those changes include the appointment of an entirely new board
of directors, the reorganization of the company into Global Business Units and
numerous other global management improvements.
    Exide Corporation, with annual revenues of approximately $2.4 billion and
operations in 19 countries, is the world's largest manufacturer of automotive
and industrial lead-acid batteries.  Further information about Exide's
businesses and products is available at http://www.exideworld.com.