Award Winning Performance Nets Draka Repeat Wave and Tidal Renewable Energy Centre Order

DRAMMEN, Norway, February 7, 2011 - Draka Offshore announced today The European Marine Energy Centre (EMEC)
has once again selected Draka as their subsea power cable provider with a
further purchase of cables and logistical solutions.

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"It is always exciting to receive new orders, but to quickly receive a
second order from a new customer is extremely satisfying," stated Martin
Dale, commercial director for subsea for Draka Offshore. "We strive to
provide our customers with the best quality and service and the repeat order
from EMEC validates our commitment to performance and partnership."

The new contract requires Draka to deliver 5,000 meters of 20kV subsea
power cable to the EMEC wave and tidal test site in Orkney.

Award Winning Performance:

As the first of its kind, EMEC provides test facilities for a wide range
of technologies that can tap into the huge potential of wave and tidal
renewable energy. Wave power alone has an estimated global potential of
approximately 1,000-10,000 GW — in the same order of magnitude as the
world's electricity consumption, according to the World Offshore Renewable
Energy Report 2004-2008 published by UK Renewables
(www.ukrenewables.com/).

"Our project to expand our test facilities in 2010 was recognized by
Tidal Today at the recent 4th International Tidal Summit and Awards held in
London. We were awarded the most effective tidal energy project development
of the year," stated Stuart Baird, EMEC Operations Director. "Draka's overall
performance and quality product along with coordination by Global Marine and
J+S was instrumental in helping us win this award."

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 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 European Marine Energy Centre:

EMEC is at the forefront of the development of marine-based renewables -
technologies that generate electricity for homes and businesses by harnessing
the power of waves and tidal streams. As the first centre of its kind to be
created anywhere in the world, EMEC offers developers the opportunity to test
full scale grid connected prototype devices in unrivalled wave and tidal
conditions. For more information about the centre visit
www.emec.org.uk.

Mike O'Brien, Director of Global Marketing, Draka Industry & Specialty | Offshore & Elevator, +1-952-232-5383, Mobile: +1-952-212-3380, mike.obrien at draka.com