Nexans Wins Major Power and Control Cable Contract for Petrovietnam’s Nhon Trach 2 Power Plant

Regulatory News:

Nexans (Paris:NEX), global leader in the cable industry, has been awarded a major contract by Siemens AG Energy Sector to supply over 160 km of power and control cables for Petrovietnam’s 750 MW Nhon Trach 2 combined cycle power plant currently under construction in Dong Nai Province, Vietnam.

Nexans LiOA Wire & Cable, Nexans’ Vietnamese subsidiary, has been selected by Siemens as manufacturer and supplier of low and medium voltage cables for the Nhon Trach 2 project. The cables will feature copper cores and XLPE insulation. The low voltage control cables are shielded to meet the IEC 60502-1 standard. Two types of power cables are being supplied: 10 kV cables comprising single and 3-cores to IEC 60502-2; 1 kV single and multi-core cables to IEC 60502-1.

"Petrovietnam is Vietnam’s largest oil and gas utility and we are delighted to be involved in this important strategic project for the future expansion of the country’s power infrastructure”, says Nicholas Ballas, Nexans’ Executive Vice President for the Asia-Pacific Area. "The tendering process was extremely competitive, and a key factor in our success was the support of the Nexans Global Key Account Management team who have developed a close working relationship with Siemens going back over seven years.”

The cables have been manufactured locally by Nexans for installation at Nhon Trach 2 this month. Nexans LiOA Wire & Cable is one of the two subsidiaries operating in Vietnam and is a joint venture with Nhat Linh.

About Nexans

With energy as the basis of its development, Nexans, the worldwide leader in the cable industry, offers an extensive range of cables and cabling systems. The Group is a global player in the infrastructure, industry, building and Local Area Network markets. Nexans addresses a series of market segments: from energy, transport and telecom networks to shipbuilding, oil and gas, nuclear power, automotives, electronics, aeronautics, material handling and automation.

Nexans is a responsible industrial company that regards sustainable development as integral to its global and operational strategy. Continuous innovation in products, solutions and services, employee development and engagement, and the introduction of safe industrial processes with limited environmental impact are among the key initiatives that place Nexans at the core of a sustainable future.

With an industrial presence in 39 countries and commercial activities worldwide, Nexans employs 22,700 people and had sales in 2009 of 5 billion euros. Nexans is listed on NYSE Euronext Paris, compartment A. For more information, please consult www.nexans.com