Milan, Amsterdam, 4 February 2011 - Reference is made to the joint press release of Prysmian S.p.A. (Prysmian or the Offeror) and Draka Holding N.V. (Draka) of 22 November 2010 and the press releases of Prysmian of 15 December 2010, 5 January 2011, 24 January 2011 and 26 January 2011, whereby Prysmian announced to make an offer for all issued and outstanding ordinary shares of Draka (the Shares) at an offer price of EUR 8.60 in cash plus 0.6595 newly issued Prysmian ordinary shares for each Share (the Offer).

Prysmian is very pleased to announce that during the offer period, which ended at 18:00 hours, Amsterdam time on 3 February 2011, 44,064,748 Shares have been tendered for acceptance under the Offer, representing around 90.4% of Draka's issued and outstanding ordinary share capital (excluding any Shares held by Draka).

These Shares tendered under the Offer, together with the 5,754,657 financing preference shares to be acquired by Prysmian from ASR Levensverzekering N.V. and Kempen Bewaarder Beleggingsfonds 'Ducatus' B.V should the Offer be declared unconditional (gestanddoening), represent around 91.4% of the total issued and outstanding share capital of Draka.

Prysmian will announce whether it declares the Offer unconditional (gestanddoening) no later than on Tuesday 8 February 2011, in accordance with Article 16 of the Decree.

Offer Memorandum, Position Statement and further information

Prysmian is making the Offer on the terms and subject to the conditions and restrictions contained in the Offer Memorandum. In addition, Draka has made available the position statement, containing the information required by Article 18, paragraph 2 and Annex G of the Decree in connection with the Offer (the Position Statement).

This announcement contains selected, condensed information regarding the Offer and does not replace the Offer Memorandum and/or the Position Statement. The information in this announcement is not complete and additional information is contained in the Offer Memorandum and the Position Statement. Shareholders of Draka should refer to the Offer Memorandum for all terms, conditions and restrictions to the Offer.

Digital copies of the Offer Memorandum, the Position Statement and any documents incorporated by reference therein are available on the websites of the Offeror (www.prysmian.com) and Draka (www.draka.com).