Draka Offshore to Supply Subsea Array Cabling for Gwynt y Môr Offshore Wind Farm Off the North Welsh Coast

By Draka Offshore, PRNE
Thursday, January 6, 2011

DRAMMEN, Norway, January 7, 2011 - RWE npower renewables has today announced the award of a multi-million
pound inter-array cabling contract(1) to Draka Offshore for Gwynt y Môr
Offshore Wind Farm, off the North Wales coast.

At 576MW, Gwynt y Môr will be one of the largest offshore wind farms
currently in construction, and is being built by RWE npower renewables. The
project is a shared investment between partners RWE Innogy, Stadtwerke
München and Siemens(2). Once fully operational, energy generation from Gwynt
y Môr is expected to be equivalent to the average annual needs of around
400,000 homes(3).

The Gwynt y Môr contract, valued at more than euro 25m, requires Draka to
deliver approximately 148kms of three core 33 kV cable during 2012 and 2013,
with a full range of cable accessories and logistical solutions. Production
is expected to start in the second half of 2011.

Announcing the latest contract award, RWE npower renewables' Gwynt y Môr
Project Director, Toby Edmonds said: "We're very pleased to welcome Draka on
board with the Gwynt y Môr development, to provide the core inter-array
cabling for the project. We have spent many months working closely with
potential suppliers on the optimum design of the array cable network and we
feel that Draka's expertise, flexibility and focus will be an important asset
to the success of the project."

Martin Dale, commercial director for the Draka Offshore Division,
commented: "In the past nine months, Draka has won contracts for three major
offshore wind farms, won a design contract for a fourth and has recently
supplied subsea power cables for tidal and wave energy in Scotland.

"The total order intake this year and factory load in the coming three
years has exceeded our expectations and is a confirmation of the strength of
Draka in this market segment. Draka has an outstanding reputation for
delivering quality products and services, especially in the subsea
environment. This outstanding reputation has led to a quick market entry for
our new offshore wind inter-array products and services where we pride
ourselves on close partnerships with our customers, essential for the
satisfactory completion of each project."

Draka Offshore is a full service, engineering leader that delivers
complete and highly valued cabling solutions to the offshore renewable energy
grid, oil and gas and marine markets. Draka Offshore uses 11 production
facilities and distribution in all major markets. Draka Offshore is a part of
the Industry and Specialty Group of Draka Holding N.V.

Gwynt y Môr Offshore Wind Farm is being constructed 13 kilometres off the
North Wales coast, in water depths of 12-28 metres, and was granted approval
by DECC (Department of Energy and Climate Change) back in December 2008.

Construction of the euro 2billion Gwynt y Môr project began in November
2009
when work to prepare land at St Asaph for the construction of a new
132/400kV substation was carried out by North Wales civil engineering company
Jones Bros.

Turbine foundation installation is expected to start in the fourth
quarter of 2011, and is expected to last for approximately two years.

- See the Gwynt y Môr Offshore Wind Farm website: Download the project
fact sheet and view the latest project information at:
www.npower-renewables.com/gwyntymor

Editors notes

(1) The contract covers the provision of cabling, installation
accessories, managed logistics and optional installation support services.

(2) GyM represents a total investment of more than EUR2 billion, shared
between RWE npower renewables' parent company RWE Innogy(60%); Stadtwerke
München, Munich's Municipal Utility(30%); and Siemens(10%).

(3) Energy predicted to be generated by the proposal is derived using
wind speeds monitored in the local area. This enables a calculation to be
made to estimate the average annual energy production for the site based on
160 turbines each of rated capacity 3.6 MW. The energy capture predicted and
hence derived homes equivalent figures may change as further data are
gathered. Equivalent homes supplied is based on an annual electricity
consumption per home of 4700 kWh. This figure is supported by recent domestic
electricity consumption data available from The Digest of UK Energy
Statistics and household estimates and projections from the UK Statistics
Authority.

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 Aerospace, Automotive,
Engineered Specialties, Elevator, Renewable Energy 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.

    -- For more information about Draka Holding N.V. please visit:
       www.draka.com
    -- For more information about Draka Offshore please visit
       www.Drakaoffshore.com

About RWE npower renewables

RWE npower renewables is the UK subsidiary of RWE Innogy and is one of
the UK's leading renewable energy developers and operators, committed to
developing and operating wind farms and hydro plant to produce sustainable
electricity.

The company operates 18 hydroelectric power projects and 23 wind farms in
the UK, including the country's first major offshore wind farm, North Hoyle.
RWE npower renewables is also working with marine energy technology partners
to deliver new wave and tidal stream power projects in the UK. As Government
policy focuses on achieving its EU commitment for 15% of UK energy to come
from renewables sources by 2020, renewable electricity generation will need
to increase to 30% of total output. We will be at the forefront of realising
this aim.

In Wales, the company operates six hydroelectric power projects in North
Wales
, two offshore wind farms - North Hoyle, the UK's first major offshore
wind farm, and Rhyl Flats, the largest renewables project in Wales, both off
the North Wales coast. It also operates seven onshore wind farms from Neath
in South Wales to Anglesey in the north.

RWE Innogy pools the renewable energy expertise and generating plant of
the RWE Group. The company plans, builds and operates renewable power
generation facilities, and aims to vigorously grow its renewable energy
capacity in the UK and Continental Europe.

RWE npower renewables is a sister company to RWE npower, a leading
integrated UK energy company with around 6.8 million customer accounts. RWE
npower also owns and operates a flexible portfolio of conventional power
stations as well as a portfolio of cogeneration plant producing more than 10%
of the electricity used in England and Wales.

RWE is a major employer in Wales, operating five renewables office bases
in South, Mid and North Wales, the Aberthaw Power Station and two Combined
Heat and Power plants at Barry and Bridgend. In all, RWE's installed
conventional and renewable energy generation in Wales supplies the equivalent
of around one-third of Wales' electricity needs.

The company prides itself in its know-how, experience, quality of service
and customer tailored solutions. Offering a comprehensive care plan after the
sale or rental of their hammers including highly qualified service
technicians, full range of spare parts, service and maintenance of the
complete hammer systems.

For further information about RWE npower renewables and RWE Innogy visit
www.npower-renewables.com and www.rweinnogy.com

For further information about RWE npower visit www.rwenpower.com

Mike O'Brien, Director of Global Marketing of Draka Offshore, +1-952-212-3380, Mike.Obrien at Draka.com; or Mark Fleming of RWE npower renewables, Tel, +44-1793-474173, mobile, +07825-608096, mark.fleming at rwe.com

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