Nexans wins a multi-million euro contract to equip the world's largest sea-based windmill park

Paris, July 2, 2001 - Nexans has been awarded a contract from Eltra in Denmark, an electricity transmission company based in Jylland/Fyn (Denmark), to deliver and install 21km of subsea power cable to the world's largest sea-based windmill park, Horns Rev, by the Danish west-coast. The amount of this contract is about 8 million euros.

Nexans will deliver and install the world's most powerful three-conductor AC cable : a 150 kV underwater power cable going directly into Eltra's electricity transmission system on land. Due to its transmission capacity and size manufacturing this cable will be a major professional challenge. Nexans beat the stiff competition for this contract mainly due to its wide-ranging offshore experience.

As the world's leading wind-power nation, Denmark has decided to take yet another step forward and install larger, more powerful windmill parks further out to sea than ever before. The first facility is to be built at Horns Rev and will consist of 80 windmills, each of 2 MW. This sea-based windmill park will start supplying electricity from July 2002.

"All of the countries bordering the North Sea are planning this type of environment-friendly power project. With its offshore experience in cable deliveries and installation, Nexans hopes to become a major supplier of power cables for more such offshore wind-power facilities in the future", said Yvon Raak, President of Nexans' Energy Division. The cable will be manufactured at Nexans' modern factory located in Halden, 100 km southeast of Oslo.

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About Nexans

Formed from Alcatel Cables and Components, Nexans is a worldwide leader in the cable industry. Nexans product portfolio includes an extensive range of cables and systems. Nexans solutions can be found in every area of people's lives, from telecommunications and energy networks, to aeronautics aerospace, automobile, building, petrochemical and medical applications. Operating in 20 countries, Nexans employs 19,000 people and had sales in 2000 of euros 4.8 billion. More information on www.nexans.com

About Eltra

Eltra is the transmission system operator in Jutland and on Funen (the western part of Denmark). Eltra's activities are based on authorisations issued by the Danish Minister for Environment and Energy. Eltra is responsible for the overall security of supply in Jutland and on Funen. Eltra bears the responsibility for developing environmentally friendly electricity generation and incorporating it into the system. Eltra owns, develops and operates the 400 kV network as well as the connections to neighbouring countries. Besides, Eltra manages the 150 kV network forming part of the overall Jutland-Funen transmission network.