Press information

FOR IMMEDIATE RELEASE:

PRYSMIAN TO ATTEND THE MCE DEEPWATER DEVELOPMENT CONFERENCE AND
EXHIBITION 2008 IN PARIS

Milan, 31 March, 2008 – Prysmian Cables & Systems, one of the leading global companies in the energy and telecommunication cables market, will once again participate at the MCE 2008 to reinforce its strong association with the Oil & Gas sector and deepwater developments in particular. MCE, the leading conference addressing technical issues related to engineering, development, and production of oil and gas in deep and ultra deepwater arenas around the world, will this year take place in Paris from April 8 to 10. Prysmian's latest range of subsea products will be on display, and introduced by a comprehensive team of market and product specialists.

2007 was a very important year for Prysmian's umibilical business, seeing the first full year of operation of its new Vila Velha facility in the state of Espirito Santo, Brazil.  Some notable successes included the closing of contracts to supply umbilicals for StatoilHydro and Anadarko Petroleum Corporation's Peregrino development off the coast of Brazil, as well as steel tube umbilicals for Petrobras' Plangas project, which will fully demonstrate the Vila Velha plant as a full range producer of umbilicals.

"Prysmian is once again pleased to participate at the MCE Conference, the foremost event for deepwater development of offshore resources", said Llyr Roberts, Director, Industrial Market, at Prysmian.  "For Prysmian, the MCE event in Paris gives us the opportunity to meet the major players developing deepwater resources. This year’s focus on Africa is interesting due to its proximity to our umbilical manufacturing facility in Brazil.”

By visiting Prysmian at the MCE 2008 (Stand 415), clients and press can meet the company’s management, who will be available to share the latest announcements and product releases, as well as the company’s vision and strategy, focused on the innovation of products and production processes and the use of advanced proprietary technology.

For more information please visit MCE official website http://www.mcedd.com

The Prysmian Group

A leading player in the industry of high-technology cables and systems for energy and telecommunication, the Prysmian Group is a truly global company with sales exceeding 5 billion euro in 2006 and a strong position in higher-added value market segments. With its two business, Energy Cables & Systems (submarine and underground cables for power transmission and distribution for industrial applications and for the distribution of electricity to residential and commercial buildings) and Telecom Cables & Systems (optical cables and fibres and copper cables for video, data and voice transmission), Prysmian boasts a global presence with subsidiaries in 35 countries, 54 plants in 21 countries, 7 Research & Development Centres in Europe, USA and South America, and over 12,000 employees. Specialising in the development of products and systems designed to meet clients' specific requirements, Prysmian's key strengths include a focus on Research & Development, the capacity to be innovative on products and production processes, and the use of advanced proprietary technologies. Prysmian is listed on the Milan Stock Exchange Blue Chip index.

For further information:

Media relations

Lorenzo Caruso
Communication Director
Ph. 0039 02 6449.1
lorenzo.caruso@prysmian.com    

Marketing

Paolo Perazzi
Marketing Director
Ph. 0039 02 6449.1
paolo.perazzi@prysmian.com