Nexans breaks ground on its first high voltage (HV) cable manufacturing plant in North America

  Nexans breaks ground on its first high voltage (HV) cable manufacturing
  plant in North America

 New plant at the Bushy Park Industrial Complex in Charleston, South Carolina
will reinforce Nexans’ current position in the fast growing high voltage cable
          market as well as extending its presence in North America

Business Wire

PARIS -- June 13, 2012

Regulatory News:

Nexans (Paris:NEX), a worldwide leading expert in the cable industry, has
started the construction of its first high voltage power cable manufacturing
plant in North America. Guests at the official ground-breaking ceremony held
today at the site in Berkeley County, located in Charleston, South Carolina
included the Honorable Nikki Haley, Governor of South Carolina, Fréderic
Michelland, Nexans Senior Corporate Executive Vice President responsible for
the global High Voltage and Submarine cables business as well as North and
South America, and Steve Hall, Executive Vice President Nexans North and South
America areas.

With an initial investment of $85 million, the first phase of the facility
will focus on the manufacture of underground power cables up to extra high
voltage (EHV) levels of 500 kV. The plant will begin operation in 2014.

“The establishment of our first high voltage cable manufacturing plant in
North America is a key strategic development for Nexans. It will enable us to
capitalize on the ever growing demand for high quality high voltage cables
designed and manufactured to meet the specific needs of the major power
transmission infrastructure projects planned in North America and worldwide in
the coming years,” said Fréderic Michelland.

“It’s exciting to see another international company choose to locate new
operations in South Carolina. We celebrate the company’s $85 million
investment and the creation of 200 new jobs. More and more companies around
the globe are learning that South Carolina is the place to do business,” said
Gov. Nikki Haley.

Steve Hall: “We identified the Charleston region as the ideal location on the
East Coast because it provides easy access to a population of 110 million and
offers ready access to navigable waters. We were attracted to South Carolina
by its pro-business reputation and competitive Enterprise package.
Additionally, the Bushy Park Industrial Complex in Berkeley County provides
the perfect and large Greenfield site. Finally, we have the added advantage of
excellent technical schools, South Carolina’s training program, and a skilled
local labor pool.”

This new plant will reinforce Nexans’ current product range in North America,
adding to the existing medium voltage, low voltage, overhead transmission,
industrial, building wire, electrical wire and LAN portfolios. In 2011, North
America represented more than 11 percent of the Group’s total sales with 1,785
people employed in seven production facilities: four in the U.S. and three in
Canada.

About Nexans

With energy at the basis of its development, Nexans, worldwide expert in the
cable industry, offers an extensive range of cables and cabling solutions. The
Group is a global player in the energy transmission and distribution, industry
and building markets. Nexans addresses a wide series of market segments: from
energy and telecom networks to energy resources (wind turbines, photovoltaic,
oil and gas or mining…) to transportation (shipbuilding, aerospace, automotive
and automation, railways...).

Nexans is a responsible industrial company that regards sustainable
development as integral to its global and operational strategy. Continuous
innovation in products, solutions and services, employee development and
commitment, customer orientation and the introduction of safe industrial
processes with limited environmental impact are among the key initiatives that
place Nexans at the core of a sustainable future.

With an industrial presence in 40 countries and commercial activities
worldwide, Nexans employs 25,000 people and had sales in 2011 of 7 billion
euros. Nexans is listed on NYSE Euronext Paris, compartment A.

For more information, please consult: www.nexans.com or www.nexans.mobi

Contact:

Nexans
Press
Angéline Afanoukoe, +33 (0)1 73 23 84 12
Angeline.afanoukoe@nexans.com
or
Jennifer Pain-Andrejin, +1-905-944-4300
Jennifer.pain-andrejin@nexans.com
or
Investor relations
Michel Gédéon, +33 (0)1 73 23 85 31
Michel.gedeon@nexans.com