NKT Cables wins Extra High Voltage Project in Greece

NASDAQ OMX Copenhagen Nikolaj Plads 6 DK-1007 Copenhagen K 16 February 2010Release No. 3NKT Cables wins Extra High Voltage Project in GreeceNKT Cables has been selected by PPC, Public Power Cooperation, in Greece todesign, manufacture and install a 400 kV underground cable system for atransmission line north of Athens. The project will be carried out with a local partner and consists of 12 km longdouble circuit, which leads to a need of 72 km of insulated 400 kV cables, therelevant terminations and joints. The engineering, cable laying as well ascivil works and the site acceptance testing are part of the contract. The commercial value of the project is approx. 40 mEUR. The completion of thecable project is currently expected by mid of 2011. Please address questions regarding the above to the undersigned on telephone+45 4348 2000. Yours faithfully,NKT Holding A/S,Thomas Hofman-Bang,President and CEO