NKT Cables lands subsea project

NASDAQ OMX Copenhagen Nikolaj Plads 6 DK-1007 Copenhagen K 15 January 2009Release No. 2NKT Cables lands subsea projectNKT Cables has entered into a contract at a value of around 750 mDKK (100mEUR). The contract includes armoured high- and medium voltage subsea cablesand underground cables. Also the laying and installation work of cables andaccessories is part of the solution that NKT Cables has been chosen for. Thecables will be manufactured at the new production facilities in Cologne. “Winning this order confirms the strategic direction of NKT Cables with itsemphasis on providing solutions to ensure reliable and sustainable transmissionnetworks and power supply onshore and offshore. And the order is a perfectexample of the capabilities and opportunities embedded in our new high voltagefactory in Cologne”, says Thomas Hofman-Bang, President and CEO of NKT HoldingA/S. The order will positively contribute to NKT Cables' earnings in 2010.Please direct any questions to the signer on telephone +45 4348 2000.Kind regardsNKT Holding A/SMichael Hedegaard LyngGroup Executive Director, CFO