Draka Holding N.V.

Not for release, distribution or publication into or in the United States, Australia, Canada, or Japan

­Persbericht­ Amsterdam, 30 augustus 2005

Draka Holding N.V. kondigt de succesvolle pricing aan van de 100 miljoen converteerbare obligatielening

Draka Holding N.V. ("Draka") kondigt de succesvolle pricing aan van de uitgifte van 100 miljoen achtergestelde converteerbare obligaties met een looptijd tot 2010 (de "Obligaties").

De Obligaties zijn a pari (100%) uitgegeven met een coupon van 4,00% per jaar, die jaarlijks achteraf wordt betaald.

De conversieprijs is vastgesteld op 15.52 per gewoon aandeel Draka wat een premie van 25,0% betekent ten opzichte van de referentiekoers van 12.42. De referentiekoers is de volume gewogen gemiddelde prijs (ofwel "VWAP") van Draka's gewone aandelen gedurende de bookbuilding periode.

De netto opbrengst van de uitgifte van de Obligaties zal worden aangewend om Draka's bestaande schuld te reduceren en om tot 75 miljoen aan uitstaande 144 miljoen achtergestelde converteerbare obligaties met een looptijd tot 2007 af te lossen in het kader van een bod dat vandaag is aangekondigd.

Betaling en levering van de uitgifte van de Obligaties zal naar verwachting in September 2005 plaatsvinden , na de BAVA en publicatie van het prospectus. Draka heeft notering van de Obligaties aangevraagd op Euronext Amsterdam.

Raad van Bestuur
Amsterdam, 30 augustus, 2005


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Not for release, distribution or publication into or in the United States, Australia, Canada, or Japan


**BERICHT AAN REDACTIE: voor meer informatie graag contact opnemen met:

Draka Holding N.V.:
Frank Dorjee ­ CFO +31 20 568 9842 Michael Bosman ­ Investor Relations Manager +31 20 568 9805

Financiële agenda 2005 (veranderingen voorbehouden) Publicatie van de trading update over de tweede helft van 2005 november (week 46)

Ondernemingsprofiel
Draka Holding N.V. (`Draka') is de houdstermaatschappij van een aantal operationele bedrijven die internationaal actief zijn op het gebied van de ontwikkeling, productie en verkoop van kabel en kabelsystemen. Draka heeft haar activiteiten onderverdeeld in twee groepen: Draka Cableteq, waarin de laagspannings- en speciaalkabelactiviteiten plaatsvinden en Draka Comteq, waarin de communicatiekabelactiviteiten zijn ondergebracht.
Binnen deze twee groepen zijn de activiteiten opgesplitst in divisies. Draka Comteq bestaat uit de divisies Telecommunicatiekabel, Multimediakabel en Glasvezel. Draka Comteq omvat de divisies Laagspanningskabel, Liftkabel, Olie & Gas, Mobiele- Netwerkkabel, Rubberkabel en Transport.
Draka is met 65 werkmaatschappijen in 26 landen actief in Europa, Amerika, Azië en Australië. De onderneming kent een platte, gedecentraliseerde organisatiestructuur met korte communicatielijnen. De divisies genieten een grote mate van autonomie en zijn omzet- en winstverantwoordelijk. Wereldwijd hebben de ondernemingen van Draka ongeveer 8.600 medewerkers in dienst. Het hoofdkantoor van Draka Holding N.V. is gevestigd in Amsterdam. In 2004 realiseerde Draka een omzet van 1,7 miljard en een nettoresultaat van 5,8 miljoen (exclusief incidentele posten).

De gewone aandelen en achtergestelde converteerbare obligaties van Draka Holding N.V. zijn genoteerd aan Euronext Amsterdam. In 2001 werd de onderneming opgenomen in de Next150 index en sinds 2 maart 2005 in de nieuwe AScX-index (Amsterdam Small Cap index). Sinds 8 juli 2002 worden op de Euronext Amsterdam Derivative Markets opties op Draka-aandelen verhandeld.

Bezoek ook eens onze website: www.draka.com


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Not for release, distribution or publication into or in the United States, Australia, Canada, or Japan

This document is not a prospectus and is being furnished to you solely for your information and may not be reproduced, redistributed or made available in whole or in part to any other person for any purpose. This document does not constitute investment advice nor an offer to sell, or a solicitation of an offer to purchase any securities.

This press release is only directed at persons outside the United Kingdom or persons within the United Kingdom falling within the definition of investment professionals (as defined in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order")) or other persons to whom it may lawfully be communicated in accordance with the Order. In the case of investment professionals, this notice is directed at persons having professional experience in matters relating to investments and the investments and investment activity to which it relates will be engaged in only with such persons; persons who do not have professional experience in matters relating to investments should not rely on it.

THIS DOCUMENT IS DIRECTED EXCLUSIVELY AT MARKET PROFESSIONALS AND INSTITUTIONAL INVESTORS. THIS DOCUMENT IS FOR INFORMATION PURPOSES ONLY AND IS NOT TO BE RELIED UPON IN SUBSTITUTION FOR THE EXERCISE OF INDEPENDENT JUDGEMENT. THE DECISION TO PURCHASE ANY OF THE SECURITIES SHOULD ONLY BE MADE ON THE BASIS OF THE PROSPECTUS TO BE ISSUED BY DRAKA HOLDING N.V. IN CONNECTION WITH THE OFFERING. THE PROSPECTUS WILL BE AVAILABLE FREE OF CHARGE FROM THE SOLE GLOBAL CO- ORDINATOR (ABN AMRO ROTHSCHILD) PRIOR TO SETTLEMENT. THE SOLE GLOBAL CO-ORDINATOR ACCEPTS NO LIABILITY ARISING FROM THE USE OF NOR MAKES ANY REPRESENTATION AS TO THE ACCURACY OR COMPLETENESS OF THIS DOCUMENT OR THE PROSPECTUS. THE INFORMATION CONTAINED HEREIN IS SUBJECT TO CHANGE WITHOUT NOTICE.

Each person receiving this document should consult his professional adviser to ascertain the suitability of the bonds as an investment. Each prospective investor should proceed on the assumption that it must bear the economic risk of an investment in the securities for an indefinite period. Neither Draka Holding N.V. nor the Sole Global Co-ordinator make any representation as to (i) the suitability of the bonds for any particular investor, (ii) the appropriate accounting treatment and potential tax consequences of investing in the bonds or (iii) the future performance of the bonds either in absolute terms or relative to competing investments.

In connection with the offering, each of the Sole Global Co-ordinator or their affiliates and agents may, for their own account, enter into asset swaps, credit derivatives or other derivative transactions relating to the bonds at the same time as the offer and sale of the bonds or in secondary market transactions. The Sole Global Co-ordinator or their affiliates and agents may from time to time hold long or short positions in or buy and sell such bonds or derivatives or the underlying Shares. No disclosure will be made of any such positions, unless obliged according to applicable laws. The amount of any such purchases will be subject to total demand received and final allocations.

In addition, if and to the extent that this announcement is communicated in, or the offer of the securities to which it relates is made in, any EEA Member State that has implemented Directive 2003/71/EC (together with any applicable implementing measures in any Member State, the "Prospectus Directive") before the publication of a prospectus in relation to the securities which has been approved by the competent authority in that Member State in accordance with the Prospectus Directive (or which has been approved by a competent authority in another Member State and notified to the competent authority in that Member State in accordance with the Prospectus Directive), this announcement and the offer are only addressed to and directed at persons in that Member State who are qualified investors within the meaning of the Prospectus Directive (or who are other persons to whom the offer may lawfully be addressed) and must not be acted on or relied on by other persons in that Member State

THE BONDS AND THE ORDINARY SHARES HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S. SECURITIES ACT 1933, AS AMENDED (THE "SECURITIES ACT") AND THE BONDS WILL BE OFFERED AND SOLD ONLY OUTSIDE THE UNITED STATES IN COMPLIANCE WITH REGULATION S UNDER THE SECURITIES ACT. THIS ANNOUNCEMENT IS NOT FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY IN OR INTO THE UNITED STATES. THIS ANNOUNCEMENT IS NOT AN OFFER OF SECURITIES FOR SALE INTO THE UNITED STATES OR ELSEWHERE.

THIS ANNOUNCEMENT MAY NOT BE TRANSMITTED OR DISTRIBUTED, DIRECTLY OR INDIRECTLY, IN OR INTO CANADA, AUSTRALIA OR JAPAN. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF CANADIAN, AUSTRALIAN OR JAPANESE SECURITIES LAWS.

In the Netherlands this announcement is only addressed to and directed at professional market parties within the meaning of Section
1a(3) of the Exemption Regulation of the Netherlands Security Market Supervision Act 1995, as amended (Vrijstellingsregeling Wet Toezicht Effectenverkeer 1995).


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