Proposal to prolong Gérard Hauser’s term - Frédéric Vincent appointed Chief Operating Officer

Paris, April 3, 2006 - Nexans’ Board of Directors at its meeting of March 29, 2006 confirmed its confidence in the Chairman and CEO Gérard Hauser, and decided to submit to the shareholders a proposal to prolong Gérard Hauser’s term as Director until the Annual Shareholders Meeting which will approve the 2009 accounts (Gérard Hauser’s current term will end during the first half of 2007).

If this resolution is adopted, the Board of Directors meeting held immediately after the May 15, 2006 Shareholders Meeting will reappoint Gérard Hauser as Chairman and CEO until the first half of 2009.

The Board of Directors, with the agreement of the Appointments and Compensation Committee, will also appoint Frédéric Vincent to the newly created position of Chief Operating Officer. Frédéric Vincent is currently Nexans’ Chief Financial Officer.

The new Chief Operating Officer will act as the CEO’s deputy in the Group Management. As such, Frédéric Vincent will be delegated the supervision of specific operations and the management of certain projects and committees. He will also supervise the North America Area and, in Gérard Hauser’s absence, chair Nexans’ Executive Committee.

Notes

Gérard Hauser, 64, has been Chairman and CEO of Nexans since June 2001. Before joining Alcatel in 1996 as President of the Cables and Components sector and member of Alcatel’s Executive Committee, he held various key positions at Pechiney Group from 1975 to 1996 including, as COO of American National Can (Beverage cans) and Member of Pechiney Group’s Executive Committee. From 1965 to 1975, he held various positions in the Philips Group. Gérard Hauser graduated from the Paris Institut d’Etudes Politiques (Institute for Political Studies). He has also been Maître de Conférences (associate professor/senior lecturer) at the Institut d’Etudes Politiques in Paris.


Frédéric Vincent, 51, is currently Nexans’ Chief Financial Officer and a member of the Group’s Executive Committee. After joining Alcatel in 1986, he entered the Cables and Components sector in 1989, where he was appointed Deputy Managing Director (Administration and Finance) of Alcatel’s undersea telecommunications activities. In 1997, he was appointed Deputy Managing Director of Saft, Alcatel’s batteries activity. From 1978 to 1985 he worked for a leading audit firm. Frédéric Vincent graduated from the Paris Ecole des Hautes Etudes Commerciales (HEC) and the Paris Institut d’Etudes Politiques.


* The Nexans Shareholders Meeting will be held at the Auditorium du Musée du Louvre on May 15, 2006 at 03:30 pm (on second call).

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I Vostri Contatti

Angéline Afanoukoe Press relations
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Angeline.afanoukoe@nexans.com
Michel Gédéon Financial Communication
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Nexans in breve

Nexans e' leader nell'industria dei cavi. Il Gruppo propone una vasta gamma di soluzioni avanzate inerenti cavi in rame o in fibra ottica per il mercato dell'industria, delle costruzioni civili e per le infrastrutture. I cavi e i sistemi Nexans sono in ogni luogo, in reti di telecomunicazione e di energia, nel settore sanitario, automobilistico, ferroviario, edile, aeronautico, etc. Nexans, con la sua presenza industriale in 29 paesi e con le sue attivita' commerciali, impiega oltre 20.000 persone, con una cifra d'affari di 5,4 miliardi d'euro nel 2005. Nexans e' quotata alla Borsa di Parigi.

http://www.nexans.com/