Nexans to supply 219 Km of fibre-optic submarine cable to Hyundai Heavy Industries

Paris, December 17, 2002 - Nexans, the worldwide leader in the cable industry, announced that it has won another contract from Asian giant, Hyundai Heavy Industries. This latest contract is for the supply of a 219 km long fibre-optic submarine cable and once again illustrates Nexans domination of the submarine cabling market.

The 219 km length of cable will be manufactured at Nexans production facility in Rognan, before being coiled onto 11 railway wagons for transportation to Larvik in the south of Norway, for shipment to Asia. The cable will be used by PGN (Perushan Gas Negara), the state owned Indonesian Oil Company, to control the gas valves at its Panaran Station gas field, regulating the gas injection. The cable will run from Kuala Tungkal, a land-based gas facility, out parallel to the gas pipeline to the Panaran Station gas field.

This contract emphasizes the success of the unique and highly specialized technology environment that has been developed around the company's operations in Rognan.

Nexans cables wind their way around almost half of the globe and Nexans expertize is demonstrable by its dominance of the submarine cabling market, supplying state-of-the-art cable technology that supports the worlds most advanced communication solutions, whilst also being in complete harmony with the seabed environment that surrounds it.

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I Vostri Contatti

Angéline Afanoukoe Press relations
Telefono +33 1 78 15 04 67
Angeline.afanoukoe@nexans.com
Michel Gédéon Financial Communication
Telefono +33 1 78 15 05 41
michel.gedeon@nexans.com

About Nexans

Nexans is the worldwide leader in the cable industry. The Group brings an extensive range of advanced copper and optical fiber cable solutions to the infrastructure, industry and building markets. Nexans cables and systems can be found in every area of people's lives, from telecommunications and energy networks, to aeronautics, aerospace, automobile, railways, building, petrochemical, medical applications, etc. With an industrial presence in 28 countries and commercial activities in 65 countries, Nexans employs 17,500 people and had sales in 2001 of euros 4.8 billion. Nexans is listed on the Paris stock exchange. More information on www.nexans.com