Draka Offshore Selected as Development Partner for Gode Wind II Offshore Wind Farm Project

Draka Offshore announced today they have been selected by PNE WIND AG as the technical development partner responsible for designing the subsea inter-array power system for the Gode Wind II offshore wind farm project.

Drammen, Norway - (September 14, 2010) - Draka Offshore announced today they have been selected by PNE WIND AG as the technical development partner responsible for designing the subsea inter-array power system for the Gode Wind II offshore wind farm project.


"Draka has more than 30 years of experience in engineering and manufacturing subsea power cables,'' said Martin Dale, commercial director for the subsea operations for Draka Offshore. "Being selected as the design partner for the inter-array subsea power system by PNE WIND AG validates the value that Draka delivers beyond product manufacturing."

Under terms of the agreement, Draka will provide electrical engineering design of a complete power grid including subsea power cables, electrical accessories, installation and testing protocols for the Gode Wind II offshore wind farm.

Delivering Energy for up to 400,000 Homes
The Gode Wind II project will supply the potential energy requirement of 240,000 to 400,000 households. According to the permit from the Bundesamt fr Seeschifffahrt und Hydrographie (BSH) the wind farm comprises eighty wind turbines, each capable of producing 3-5 megawatts and is situated in Germany's North Sea region (EEZ), 32.5 kilometers north of the island Nordeney.

With technical partners like Draka Offshore now in place, the chief representatives of the PNE WIND AG, Thorsten Fastenau (Offshore) and Roland Stanze (Business Development), who also act as business managers of the project company PNE Gode Wind II, stated they were confident that they would be able to successfully manage the "Gode Wind II" project to begin realization in 2011/2012.


About Draka Offshore:
Draka Offshore is a full service, engineering leader that delivers complete and highly valued cabling solutions to the offshore wind, oil and gas and subsea markets. Draka has 11 production facilities and distribution in all major oil and gas markets. The division has more than 100 products available that meet the strict SATS, IEEE, IEC and NEK industry standards, abide by LRS, ABS, DNV, BV & GL rules and comply with U.S. and Canadian Coast Guard regulations that govern the use of wire and cables. Draka Offshore is a part of the Industry and Specialty Group of Draka Holding N.V. For more information about Draka Offshore please visit www.DrakaOffshore.com.


About Draka Holding N.V.:
Draka Holding N.V. (Draka) is the holding company of a number of operating companies that are active worldwide in the development, production and sale of cable and cable systems. Draka's activities are divided into three groups: Energy & Infrastructure, Industry & Specialty and Communications. Within these three groups, the activities are organized into divisions. Energy & Infrastructure consists of the Europe and Asia-Pacific divisions; Industry & Specialty consists of the Automotive & Aviation, Elevator Products, Cableteq USA, Industrial and Offshore divisions and the Communications Group is comprised of the Telecom Solutions, Multimedia and Specials, Americas and Optical Fiber divisions.

Headquartered in Amsterdam, Draka Holding N.V. has 68 operating companies in 31 countries throughout Europe, North and South America, Asia and Australia. Worldwide, the Draka companies employ approximately 9,400 people. In 2009, Draka reported revenues of 2.0 billion and net income of 48.3 million (excluding non-recurring items).

Draka Holding N.V. ordinary shares and subordinated convertible bonds are listed on NYSE Euronext Amsterdam. The company is included in the Next150 and the AMX index (Amsterdam Midkap index. Options on Draka shares are also traded on the NYSE Euronext Amsterdam Derivative Markets.

More information on Draka Holding N.V. can be found at www.draka.com.

For More Information:
Mike O'Brien
Draka Offshore
Director of Global Marketing
+1-952-212-3380
Mike.Obrien@Draka.com

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