Asia Pacific Wire and Cable Corporation Secures Three New SDI Contracts in Singapore Totalling $64.0 Million USD

Asia Pacific Wire and Cable Corporation Secures Three New SDI Contracts in
Singapore Totalling $64.0 Million USD

          APWC's Thai Subsidy Records FY2012 223% Net Income Growth

      Stock Elevated to NASDAQ Global Market Effective February 15, 2013

TAIPEI, Taiwan, March 18, 2013 (GLOBE NEWSWIRE) -- Asia Pacific Wire & Cable
Corporation Limited (Nasdaq:APWC) ("APWC" or the "Company"), a leading
manufacturer of wire and cable products for the telecommunications and
electric-power industries in the Asia-Pacific region, today announced that its
Singapore-based, operating subsidiary, Sigma Cable Company, has been awarded
in 2012 three new government contracts with a total contract value of
approximately $62 million over a two year period. The Company has also
announced it has met the requirements for listing on NASDAQ's Global Markets
and has been trading on the elevated level of NASDAQ since February 15, 2013.

The three new contracts received from the Singapore government relate to
Supply, Delivery and Installation (SDI) of low and mid voltage power cables.
Sigma Cable, Asia Pacific Wire Company's Singapore subsidiary has begun work
on these implementations which are expected to be completed between now and

Adding to Asia Pacific Wire's growth is the Company's 50.93%-owned and
SET-listed Thai subsidy, Charoong Thai Wire and Cable (SET Ticker Symbol:
CTW). CTW reported a gross margin improvement of 8.6% for the period ended
December 31, 2012 and a 223% improvement in net income resulting from better
operational efficiencies. As reported in 2011, Asia Pacific's Thai-subsidy
recorded $186.0 million in sales, and accounted 39.4% of APWC revenues. Asia
Pacific Wire Company will consolidate its majority ownership position of CTW
financial results in the Company's year end 2012, 20-F filing expected to be
filed in April of this year.

Separately, NASDAQ notified the Company that effective February 15, 2013,
APWC's stock began trading on the NASDAQ Global Markets platform. The
migration from NASDAQ's Capital Markets platform to its Global Markets
platform is a function of APWC meeting NASDAQ's requirements for the
migration, which includes liquidity requirements, operating history and a
diversified shareholder list. There is no impact on existing shareholders from
this change in trading platforms.

The Company believes that its developing SDI business in Singapore in addition
to their continuing growth in China, Thailand and Australia should provide
them the operating leverage needed to draw attention to APWC shares and its
trajectory in US capital markets. Asia Pacific Wire Company remains eager to
produce for its shareholders and has planned a more aggressive outreach
campaign for 2013 with US and global investors in APWC shares.

About Asia Pacific Wire & Cable Corporation

Asia Pacific Wire & Cable Corporation is principally engaged in the
manufacture and distribution of telecommunications (copper and fiber optic)
and power cable and enameled wire products in the Asia Pacific region,
primarily in Thailand, China, Singapore and Australia. The Company
manufactures and distributes its own wire and cable products and also
distributes wire and cable products ("Distributed Products") manufactured by
its principal shareholder, Pacific Electric Wire & Cable Company, a Taiwanese
company ("PEWC"). The Company also provides project engineering services in
the supply, delivery and installation ("SDI") of power cables to certain of
its customers. For more information on the Company, visit Information on the Company's Web site or any other Web
site does not constitute a portion of this release.

Safe Harbor Statement

This release contains certain "forward-looking statements" relating to the
Company, its business, and its subsidiary companies. These forward looking
statements are often identified by the use of forward-looking terminology such
as "believes", "expects" or similar expressions. Such forward looking
statements involve known and unknown risks and uncertainties that may cause
actual results to be materially different from those described herein as
anticipated, believed, estimated or expected. Investors should not place undue
reliance on these forward-looking statements, which speak only as of the date
of this press release. The Company's actual results could differ materially
from those anticipated in these forward-looking statements as a result of a
variety of factors, including those discussed in the Company's periodic
reports that are filed with the Securities and Exchange Commission and
available on its website ( All forward-looking statements
attributable to the Company or to persons acting on its behalf are expressly
qualified in their entirety by these factors other than as required under the
securities laws. The Company does not assume a duty to update these
forward-looking statements.

CONTACT: Company Contact:
         Asia Pacific Wire & Cable Corporation Limited
         Mr. Frank Tseng, CFO
         Phone: +886-2-2712-2558 ext. 66
         Investor Relations Contact:
         MZ North America
         John Mattio, SVP
         Tel: +1-212-301-7130
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