August 7, 2008 - Faturing 20 year design life, Absolyte® GP valve-regulated network power battery can provide 1,200+ cycles at 80% depth of discharge and more cycles for more shallow discharges. Alloy used in construction facilitates recycling of spent batteries, while minimized float current lends to reduced energy consumption and heat generation. Lead-acid storage technology supports photovoltaic, wind turbine, and other renewable energy initiatives.

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Exide Technologies
3415 American Dr.
Mississauga, ON, L4V1T4, USA

New Battery Demonstrates Evolution Of Power For Network Power Applications

Alpharetta, Georgia - (June 5, 2008) - Exide Technologies (NASDAQ: XIDE, www.exide.com), a global leader in stored electrical-energy solutions, introduces the Absolyte® GP, the Company's latest addition to its premier stand-by power product family of valve-regulated, network power batteries. Engineered, marketed and sold by Exide's GNB Industrial Power Business, the Absolyte® GP incorporates a technologically and environmentally-advanced design that delivers a 20 year design life with enhanced cycling performance - a key attribute to support photovoltaic, wind turbine and other renewable energy initiatives.

The Absolyte® GP is designed to support a wide range of network power applications including telecommunications, uninterruptible power supply, alternative energy, outside plant, railway and utility/switchgear. Manufactured in Ft. Smith, Arkansas, U.S.A., the Absolyte® GP will be a direct replacement for the Absolyte® IIP.

"For more than 25 years, the Exide Absolyte® product line, known for its robust design, low maintenance and high power density, has earned a reputation with our global customers for high performance in the most demanding of network power applications," said Mark Jesko, Director of Marketing for Exide Technologies Industrial Energy - Americas. "As a result, the Absolyte® product range enjoys one of the largest installed bases of industrial VRLA products in the industry, and we expect the advanced Absolyte® GP to expand that base by providing even better performance for our customers."

Lean and "Green" for Tomorrow's Applications
One critical objective of the R&D surrounding the Absolyte® GP was to create an industrial power product that supports environmental sustainability.

To address that objective, the Absolyte® GP is designed with a patented, proprietary alloy that reduces the content of heavy metal in the finished product, making it easier than ever for Exide's global customers to recycle spent batteries. In addition, the battery is manufactured with an increased ratio of recycled materials compared to previous generations. "Exide adheres to lean engineering principles that result in reduced waste in product design. With the Absolyte® GP, we turned our attention to refining the front end of product design ─ not just on reducing the heavy metals, but also utilizing an increased quantity of recycled materials required in the final product," said David Wyrick, Senior Product Manager for Exide Technologies Industrial Energy - Americas.

The improved design of the Absolyte® GP offers a number of additional environmental benefits, including a 75 percent lower float current compared to previous generation products which will result in reduced energy consumption and reduced heat generation. This would be a significant benefit for large users, both telecom and data centers, who are looking to reduce energy costs required to maintain and cool battery rooms. In addition, the Absolyte® GP can provide more than 1,200 cycles at 80 percent depth of discharge, and significantly more cycles for more shallow discharges. These attributes make the Absolyte® GP exceptionally well suited to photovoltaic and other alternative energy applications that require routine cycling.

"The Exide Absolyte® GP valve-regulated battery truly represents an evolution in lead-acid storage technology, responding to the needs of our industrial energy customers who require increased reliability and superior performance, while at the same time meeting their goals for sustainability," said Mitch Bregman, President - Exide Technologies Industrial Energy - Americas. "Our Company's investment in developing a product with significant environmental attributes and enhanced cycle life underscores our commitment to continuous improvement and serving the needs of the network power marketplace."

About Exide Technologies
Exide Technologies, with operations in more than 80 countries, is one of the world's largest producers and recyclers of lead-acid batteries. The Company's four global business groups - Transportation Americas, Transportation Europe and Rest of World, Industrial Energy Americas and Industrial Energy Europe and Rest of World - provide a comprehensive range of stored electrical energy products and services for industrial and transportation applications.

Transportation markets include original-equipment and aftermarket automotive, heavy-duty truck, agricultural and marine applications, and new technologies for hybrid vehicles and 42-volt automotive applications. Industrial markets include network power applications such as telecommunications systems, electric utilities, railroads, photovoltaic (solar-power related) and uninterruptible power supply (UPS), and motive-power applications including lift trucks, mining and other commercial vehicles.

Further information about Exide, including its financial results, are available at www.exide.com.

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