Nexans press release
Paris, September 24, 2009 - A Nexans group subsidiary in Australia has been informed of the commencement of proceedings in Australia involving several cable manufacturers including Nexans, by the local competition authority. This proceeding seems related to the investigations disclosed by Nexans in its press release dated February 12, 2009 and its Registration Document 2008.
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, automotive, electronics, aeronautics, handling and automation. With an industrial presence in 39 countries and commercial activities worldwide, Nexans employs 22,400 people and had sales in 2008 of 6.8 billion euros. Nexans is listed on NYSE Euronext Paris, compartment A. More information on www.nexans.com