Draka Offshore Selected as Development Partner for 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 fur
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 euro 2.0 billion and net income of euro
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.

Mike O'Brien, Director of Global Marketing of Draka Offshore, +1-952-212-3380, Mike.Obrien at Draka.com