Exide Technologies Announces Plans to Idle Lead Recycling Operations in Reading, PA

Exide Technologies Announces Plans to Idle Lead Recycling Operations in
Reading, PA

READING, Pa., Nov. 8, 2012 (GLOBE NEWSWIRE) -- (Nasdaq:XIDE) – Exide
Technologies announced today that it will be idling its lead recycling
operations at its Reading, Pa. facility, effective no later than March 31,
2013. The company will continue to operate its plastics recycling business at
the Reading facility.Exide will maintain the Reading facilities and the
permits and approvals necessary for all recycling activities.

"This decision was based on several factors including the dramatic swings in
the lead market and the high capital investment needed, due to regulatory
requirements, to remain operational in Reading," said Paul Hirt, president,
Exide Americas."By idling this facility, we can defer spending the capital
while still having the majority of our internal lead demands met through our
other three recycling centers in Vernon, CA., Canon Hollow, MO, and Muncie,
IN."The decision is in no way reflective of the Reading workforce.We
sincerely appreciate our employees' dedication and commitment over the years."

Employees in Reading were informed of the Company's decision during an
all-employee meeting held today.A total of 150 employees will be impacted by
the idling.The plastics operation will employ up to approximately 25
employees.

The Company will continue to support all current, required environmental
monitoring programs at the Reading facility throughout the duration of the
idling.

Exide will meet with the Pennsylvania Department of Environmental Protection
within the next few weeks to discuss the steps to be taken to implement the
idling.

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 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.

The Exide Technologies logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=5067

CONTACT: MEDIA CONTACT:
        
         Susan Jaramillo
         Vice President, Corporate Communications
         Exide Technologies
         203/699-9133 phone
         susan.jaramillo@exide.com
        
         INVESTOR CONTACT:
        
         Carol Knies
         Senior Director of Investor Relations
         Exide Technologies
         678/566-9316 phone
         carol.knies@exide.com

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