Alcatel-Lucent has reached an agreement with Draka Holding N.V. to sell its 49.9% share in the company

December 18, 2007

1 Min Read

PARIS -- Alcatel-Lucent (Euronext Paris and NYSE: ALU) today announcedthat it has reached an agreement with Draka Holding N.V. (‘Draka’) to sell its 49.9% share inDraka Comteq B.V. (‘Draka Comteq’) against payment of an aggregate cash purchase price ofEuro 209 million. Under this transaction, Draka acquires full ownership of Draka Comteq.

Draka Comteq B.V. is a leader in the field of optical fibre and optical fibre cable, created onJuly 1, 2004 by combining the worldwide optical fibre and communication cable activities ofDraka and Alcatel-Lucent. Since the initial establishment of the joint venture, Draka Comteq hasbeen controlled by Draka and its results have been consolidated in full in the Draka consolidatedfinancial statements.

It is expected that the transaction will be completed by the end of 2007.

Alcatel-Lucent (NYSE: ALU)

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