Prysmian To Showcase Comprehensive Range Of Products And Services For The Oil Gas & Petrochem Industry At Oil & Gas Asia 2009 In Kuala Lumpur

The Group Considers The Asean Region As A Strategic Market Given The Current Economic Trends And The Prospective Development Of A Local Common Market

Milan, 8 June 2009 - Prysmian Cables and Systems, leading worldwide player in the energy and telecom cable markets, is to showcase its cable solutions for the Oil & Gas Industry at OGA (Oil & Gas Asia) 2009, one of the largest Oil & Gas shows in Asia. Prysmian will present a wide range of high-tech cable systems including the latest AIRGUARD™, Thermoplastic and Steel Tube Umbilical and Flexible Pipe technologies as well as its Submarine Power cables and Onshore/Offshore cables.

With its participation at OGA 2009, Prysmian seizes an opportunity to confirm and reinforce its position in the ASEAN region. Lately, Prysmian has been one of the most active companies in this strategic market area. The Group has been present in the region since 1994 with both production facilities and commercial structures and is currently one of the market leaders. Recently, the Malaysian and Indonesian manufacturing sites have undergone a process of capacity and product range expansion with a specific focus on high performance products, including cables for the Oil & Gas industry. The Group believes that keeping and reinforcing its local presence is now crucial, given the positive macroeconomic trends recorded in 2008 in spite of the global downturn, especially in view of the business potential generated by the implementation of an effective common market (AFTA) within the region by the year 2015.

As proven by several performance indicators, the Oil & Gas business is a remarkable source of value for the Group. In 2008 alone, for instance, the segment of Umbilical systems for the off-shore oil industry reported an increase in volumes by approximately 15.0%. Furthermore, Prysmian has recently made a significant step forward to complement its comprehensive range of products for the Oil & Gas operators with the addition of Flexible Pipes for off-shore oil and gas extraction to its current Umbilical production. This is a further signal of Prysmian’s commitment in the development and supply of products and services for the entire Oil & Gas industry, throughout the supply chain – from ESP exploration systems to refineries and processing plants.

In addition to its well-known range of traditional products complying with the strictest and severest international and local standards and specifications, Prysmian stands out also for its commitment to innovation as the widespread adoption in oil-processing and petrochemical applications of Prysmian’s AIRGUARDTM Cable System proves. The outstanding benefits featured by AIRGUARDTM in terms of enhanced resistance to mechanical stress and chemical attack have recently been gaining increased enthusiasm and consensus worldwide.

The OGA 2009 exhibition will take place from June 10 to 12 at the Kuala Lumpur Convention Centre in Malaysia. The show is expected to attract more than 22,000 visitors and 946 participating companies will be present. A team of specialists will be happy to meet visitors and guests at the Prysmian booth # 1811 located in Hall 1 & 2.