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Wednesday, October 26, 2005

Exide Technologies Awarded Battery Contracts for Armada de Chile Submarines, German Military

ALPHARETTA, Ga.--(BUSINESS WIRE)--Oct. 25, 2005--Exide Technologies (NASDAQ: XIDE)(www.exide.com), a global leader in stored electrical-energy solutions, announced today that Armada de Chile has contracted the Company to supply HAGEN batteries to serve as the main lead-acid batteries for its U209-class submarines.

Exide will provide two sets of HAGEN propulsion batteries for replacement in two of Armada de Chile's submarines, Thomson and Simpson. Exide also provided the propulsion batteries for two Scorpene-class submarines that are being delivered to Armada de Chile by Navantia in Spain and DCN in France.

"Exide has a long history as a battery supplier to military forces around the world, and we are excited to again be selected to supply batteries to Armada de Chile," said Neil Bright, President - Industrial Energy Europe. "This is a major vote of confidence in Exide's product technology, quality and reliability."

The batteries will be manufactured at Exide's Industrial Energy plant in Bad Lauterberg, Germany. HAGEN submarine batteries have been an industry-leading brand for more than 40 years.

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