Nexans charters the specialized cable layer and construction vessel "Bourbon Skagerrak" for three years

The Group confirms its commitment and position in the subsea and umbilical markets

Paris, November 7, 2005 - Nexans has entered into an agreement with Bourbon Cable AS, a subsidiary of Bourbon Offshore Norway AS, securing control of Skagerrak2_150.jpgthe specialized cable layer and construction vessel "Bourbon Skagerrak". The agreement runs for three years with options for extension up to two more years.

The agreement confirms Nexans commitment and position in the subsea cable and umbilical markets, and continues Nexans long association with the vessel. "We expect that the new agreement with exclusive marketing and operational control of the vessel will enhance both our role as a turnkey systems supplier and installation contractor" says Patrick Barth, High Voltage Director of Nexans.            

Skagerrak2_150.jpgBourbon Skagerrak is specifically designed for transport and installation of high voltage cables and umbilicals.   The vessel is equipped with a 7,000 tones capacity turntable and a state of the art dynamic positioning system. The vessel has an impressive track record and will continue to serve projects and customers on a worldwide basis.

The energy division of Nexans in Norway provides turnkey solutions for subsea high voltage cable and umbilical systems globally. They can also supply specialized subsea installation related tools and services, including subsea trenching/dredging services.

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About Nexans

Nexans is the worldwide leader in the cable industry. The Group brings an extensive range of advanced copper and optical fiber cable solutions to the infrastructure, industry and building markets. Nexans cables and cabling systems can be found in every area of people's lives, from telecommunications and energy networks, to aeronautics, aerospace, automobile, railways, building, petrochemical, medical applications, etc. With an industrial presence in 29 countries and commercial activities throughout the world, Nexans employs 20,000 people and had sales in 2004 of 4.8 billion euros. Nexans is listed on the Paris stock exchange. More information available on www.nexans.com