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Rising Costs Fuel Cable Price Increase
Claremont, North Carolina USA - February 16, 2005...

Draka Comteq, a joint venture of Draka and Alcatel, today announced a price increase for its fiber cabling products in North America.

The cumulative costs of materials, transportation and energy used to produce these cables have increased substantially over the past several months.  "While we continue to actively engage in cost management through process improvements and targeted cost saving projects, many costs continue to rise," states Reggie Kelly, COO of Draka Comteq Americas.  "Polymer and steel raw material costs, for example, have experienced double-digit inflation rates over the past twelve months."

The new pricing structure will be implemented for affected products during the first quarter of 2005.  Draka Comteq remains committed to providing our clients outstanding value through reliable service and innovative solutions.

About Draka Comteq

Draka Comteq provides optical fiber and cabling solutions for telecommunications carriers, utilities, installers and enterprises to deliver broadband services. A jointly owned company of Draka and Alcatel, Draka Comteq leverages its leadership in optical fiber technology, cabling solutions and applications expertise to bring value to its customers' broadband infrastructure.

Draka is a 96-year old wire and cable company engaged worldwide in providing innovative cabling solutions for a wide range of applications. A top five cabler worldwide, Draka focuses its solutions through:
•  Draka Comteq, providing communications cabling solutions.
•  Draka Cableteq, providing low-voltage and specialty cabling solutions.

For more information, visit Draka Comteq on the Internet: http://www.drakacomteq.us

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