nkt cables wins prestigious Extra High Voltage Project in the Netherlands


OMX the Nordic Exchange, Copenhagen



24 April 2008
Release no. 15

nkt cables wins prestigious Extra High Voltage Project in the Netherlands
nkt cables has been selected by TenneT TSO B.V.( the Transmission System
Operator of the Netherlands) to design, manufacture and install a 380 kV cable
system in the 'Zuidring' connection in the western part of the Netherlands. nkt
cables' offer provides the technical, logistical and managerial aspects of this
high-visibility project in the Netherlands' transmission grid. 

Project value and time schedule
The commercial value of the project is at least 35 mEURO, but depends on the
final decisions of the Dutch government regarding overhead lines versus cables.
The potential project value could yield as much as 120 mEURO. The scheduled
completion of the project is expected by the end of 2010. 

Unique cables competencies
Winning the Dutch project, nkt cables concludes that the company's systems
approach' in Extra High Voltage is met by a sound resonance in the market for
winning projects - now and in the future. 

Further information
Additional information regarding the above cable contract will be published
when available. 

Please direct any questions to the above information to the signer on telephone
+45 4348 2000. 

Yours sincerely,
NKT Holding A/S
Thomas Hofman-Bang
CEO