Exide Technologies Appoints New Vice President and Chief Information Officer

Business Wire, April 14, 2008

ALPHARETTA, Ga. -- Exide Technologies (NASDAQ: XIDE)(www.exide.com), a global leader in stored electrical-energy solutions, announced today the promotion of Erach Balsara from Vice President, Human Resources Strategy and Development, to Vice President and Chief Information Officer, effective immediately. Reporting to Gordon Ulsh, President and Chief Executive Officer of Exide Technologies, Dr. Balsara will assume worldwide responsibility for all Information Technologies activities at the Company.

"As Exide continues to improve and strengthen, our ability to effectively manage the massive amount of information we need to properly guide decision-making is exponentially more important," said Mr. Ulsh. "I am confident that Erach will bring innovation, speed and progress to the implementation of our IT strategy and infuse dynamic leadership within a key organization at our Company."

Until now, Exide's IT operation reported to the Company's Finance organization. "Having Erach and the Information Technology team report directly to me instead of Finance integrates IT more tightly into the entire Exide organization, allowing for closer collaboration on business development and strategy implementation. This shift also will allow our new Chief Financial Officer, Phil Damaska, to focus on his organization and challenges," said Mr. Ulsh.

Dr. Balsara replaces Carlos Cabrera, who is leaving the Company. "Our thanks to Carlos for his contributions to Exide, and we wish him success," said Mr. Ulsh.

Dr. Balsara is a highly skilled information technology strategist. He joined Exide in February 2007 and has led Exide's Human Resource Management System project in North America. Prior to Exide, Dr. Balsara held numerous IT positions in automotive and pharmaceutical businesses. His last assignment was as Chief Information Officer at FleetPride, Inc., the largest independent distributor of heavy-duty parts in the U.S.

Dr. Balsara holds several advanced degrees in the scientific field. He also holds a Master of Business degree in Marketing and Finance from University of Missouri.

About Exide Technologies

Exide Technologies, with operations in more than 80 countries, is one of the world's largest producers and recyclers of lead-acid batteries. The Company's four global business groups -- Transportation Americas, Transportation Europe and Rest of World, Industrial Energy Americas and Industrial Energy Europe and Rest of World -- provide a comprehensive range of stored electrical energy products and services for industrial and transportation applications.

Transportation markets include original-equipment and aftermarket automotive, heavy-duty truck, agricultural and marine applications, and new technologies for hybrid vehicles and 42-volt automotive applications. Industrial markets include network power applications such as telecommunications systems, electric utilities, railroads, photovoltaic (solar-power related) and uninterruptible power supply (UPS), and motive-power applications including lift trucks, mining and other commercial vehicles.

Further information about Exide, including its financial results, are available at www.exide.com.

Forward-Looking Statements

Except for historical information, this press release may be deemed to contain "forward-looking" statements. The Company desires to avail itself of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 (the "Act") and is including this cautionary statement for the express purpose of availing itself of the protection afforded by the Act. The Company undertakes no obligation to publicly update or revise any forward-looking statement in this or any prior forward-looking statements whether as a result of new information, future developments or otherwise.

Examples of forward-looking statements include, but are not limited to, (a) projections of revenues, cost of raw materials, income or loss, earnings or loss per share, capital expenditures, growth prospects, dividends, the effect of currency translations, capital structure and other financial items, (b) statements of plans and objectives of the Company or its management or Board of Directors, including the introduction of new products, or estimates or predictions of actions by customers, suppliers, competitors or regulating authorities, (c) statements of future economic performance and (d) statements of assumptions, such as the prevailing weather conditions in the Company's market areas, underlying other statements and statements about the Company or its business.

Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, the following general factors such as: (i) the Company's ability to implement and fund business strategies and restructuring plans, (ii) unseasonable weather (warm winters and cool summers) which adversely affects demand for automotive and some industrial batteries, (iii) the fact that lead, a major constituent in most of the Company's products, experiences significant fluctuations in market price and is a hazardous material that may give rise to costly environmental and safety claims, (v) competitiveness of the battery markets in North America and Europe, (iv) general economic conditions, (viii) the ability to acquire goods and services and/or fulfill labor needs at budgeted costs, (ix) the Company's reliance on a single supplier for its polyethylene battery separators, and (x) the Company's ability to successfully pass along increased material costs to its customers.