nkt cables wins prestigious Extra High Voltage Project in the Netherlands

OMX the Nordic Exchange, Copenhagen24 April 2008Release no. 15nkt cables wins prestigious Extra High Voltage Project in the Netherlandsnkt cables has been selected by TenneT TSO B.V.( the Transmission SystemOperator of the Netherlands) to design, manufacture and install a 380 kV cablesystem in the 'Zuidring' connection in the western part of the Netherlands. nktcables' offer provides the technical, logistical and managerial aspects of thishigh-visibility project in the Netherlands' transmission grid. Project value and time scheduleThe commercial value of the project is at least 35 mEURO, but depends on thefinal decisions of the Dutch government regarding overhead lines versus cables.The potential project value could yield as much as 120 mEURO. The scheduledcompletion of the project is expected by the end of 2010. Unique cables competenciesWinning the Dutch project, nkt cables concludes that the company's systemsapproach' in Extra High Voltage is met by a sound resonance in the market forwinning projects - now and in the future. Further informationAdditional information regarding the above cable contract will be publishedwhen available. Please direct any questions to the above information to the signer on telephone+45 4348 2000. Yours sincerely,NKT Holding A/SThomas Hofman-BangCEO