General Cable Corporation Commences Tender Offer for 9.5% Senior Notes, due 2010



    General Cable Corporation (the "Company"), (NYSE:BGC), announced
    today that it has commenced a tender offer for any and all of its 9.5%
    Senior Notes, due 2010 (CUSIP No. 369300 AC 2) (the "Notes").
    Approximately $285.0 million in aggregate principal amount of the
    Notes are currently outstanding. In conjunction with the tender offer,
    the Company is soliciting the consent of the holders of a majority in
    aggregate principal amount of the outstanding Notes (the "Holders") to
    eliminate substantially all of the restrictive covenants contained in
    the indenture governing the Notes. The terms and conditions of the
    tender offer and consent solicitation are set forth in an Offer to
    Purchase and Consent Solicitation Statement (the "Offer to Purchase"),
    dated March 6, 2007.

    Subject to certain conditions precedent described in the Offer to
    Purchase, Holders who validly tender Notes and deliver consents at or
    prior to 5:00 p.m., New York City time, on March 15, 2007, unless such
    time is extended (the "Consent Expiration"), will be entitled to
    receive the Total Consideration (as described below), which includes a
    consent payment of $30.00 per $1,000 principal amount of Notes (the
    "Consent Payment"), which we expect will be paid on or about March 21,
    2007. Holders who validly tender Notes after the Consent Expiration
    but at or prior to 12:00 midnight, New York City time, on April 2,
    2007, unless such time is extended (the "Expiration Time"), will be
    entitled to receive the Tender Consideration, which is equal to the
    Total Consideration less the Consent Payment. Tendered Notes and
    related consents may be withdrawn prior to the Consent Expiration.
    After the Consent Expiration, they may be withdrawn only under certain
    limited circumstances.

    The Total Consideration for each $1,000 principal amount of Notes
    validly tendered and accepted for payment pursuant to the Offer will
    be an amount equal to (i) the present value on the Payment Date of
    $1,047.50 per $1,000 principal amount of Notes (the redemption price
    payable for the Notes on November 15, 2007, the first date on which
    the Notes are redeemable at a fixed redemption price) and all
    scheduled interest payments on the Notes from the applicable payment
    up to November 15, 2007, calculated based on the assumption that the
    Notes will be redeemed in full on November 15, 2007, discounted on the
    basis of a yield to November 15, 2007 equal to the sum of (a) the
    yield to maturity on the 3.00% U.S. Treasury Notes due November 15,
    2007, as calculated by the dealer manager in accordance with standard
    market practice, on the second business day immediately preceding the
    Consent Expiration, plus (b) 50 basis points, minus (ii) accrued and
    unpaid interest to, but not including, the applicable payment date
    being rounded to the nearest cent per $1,000 principal amount of the
    Notes. The Tender Consideration is equal to the Total Consideration
    minus the Consent Payment.

    All Notes accepted for payment will also receive accrued and
    unpaid interest up to, but excluding, the applicable payment date.

    The Company intends to finance the tender offer with a portion of
    the proceeds from a new debt financing (the "New Offering"). The
    Company's obligation to accept for purchase and to pay the Total
    Consideration or Tender Consideration, as applicable, for each of the
    Notes validly tendered in the tender offer is subject to, and
    conditioned upon, the satisfaction of or waiver of the following: (i)
    the completion of the New Offering on terms and conditions
    satisfactory to the Company, and receipt by the Company on or before
    March 21, 2007, unless extended, of net proceeds from the New Offering
    sufficient to purchase all Notes pursuant to the Offer; (ii) the
    receipt of the requisite consents on or prior to the Consent
    Expiration from the holders of at least a majority in aggregate
    principal amount of the outstanding Notes and the execution of the
    Supplemental Indenture by the Company, the Guarantors and the Trustee;
    and (iii) certain other customary conditions.

    This press release does not constitute an offer to buy or the
    solicitation of an offer to sell any of the Notes, described above.
    The tender offer is being made only pursuant to the Offer to Purchase
    and related applicable Letter of Transmittal and Consent dated March
    6, 2007. The Company has retained Goldman, Sachs & Co. to serve as the
    exclusive Dealer Manager and Solicitation Agent for the tender offer
    and D.F. King & Co., Inc. to serve as the Information Agent. Requests
    for documents may be directed to D.F. King & Co., Inc. by telephone at
    800-714-3313 (toll-free). Questions regarding the tender offer and
    consent solicitation may be directed to Goldman, Sachs & Co. at
    800-828-3182 (toll-free) or 212-357-0775.

    With nearly $3.7 billion of revenue and 7,900 associates, General
    Cable (NYSE:BGC) is a global leader in the development, design,
    manufacture, marketing and distribution of copper, aluminum and fiber
    optic wire and cable products for the energy, industrial, and
    communications markets. Visit our website at www.generalcable.com.

    Certain statements in this press release, including without
    limitation, statements regarding future financial results and
    performance, plans and objectives, capital expenditures and the
    Company's or management's beliefs, expectations or opinions, are
    forward-looking statements. Actual results may differ materially from
    those statements as a result of factors, risks and uncertainties over
    which the Company has no control. Such factors include the Company's
    ability to maintain access to the capital markets to finance (on terms
    favorable to the Company) the purchases of the notes tendered in the
    offer, reliance on dividends and other transfers from subsidiaries to
    repay indebtedness, ability to serve outstanding indebtedness, the
    Company's failure to comply with covenants in existing and future
    financing arrangements, covenants contained in existing indebtedness
    that restrict the Company's business operations, downgrade in the
    Company's credit ratings, ability to repurchase outstanding notes,
    ability to pay the conversion price on convertible notes, the economic
    strength and competitive nature of the geographic markets that the
    Company serves; economic, political and other risks of maintaining
    facilities and selling products in foreign countries; changes in
    industry standards and regulatory requirements; advancing
    technologies, such as fiber optic and wireless technologies;
    volatility in the price of copper and other raw materials, as well as
    fuel and energy and the Company's ability to reflect such volatility
    in its selling prices; interruption of supplies from the Company's key
    suppliers; the failure to negotiate extensions of the Company's labor
    agreements on acceptable terms; the Company's ability to increase
    manufacturing capacity and achieve productivity improvements; the
    Company's dependence upon distributors and retailers for non-exclusive
    sales of certain of the Company's products; pricing pressures in the
    Company's end markets; the Company's ability to maintain the
    uncommitted accounts payable or accounts receivable financing
    arrangements in its European operations; the impact of any additional
    charges in connection with plant closures and the Company's inventory
    accounting practices; the impact of certain asbestos litigation,
    unexpected judgments or settlements and environmental liabilities; the
    ability to successfully identify, finance and integrate acquisitions;
    the impact of terrorist attacks or acts of war which may affect the
    markets in which the Company operates; the Company's ability to retain
    key employees; the Company's ability to service debt requirements and
    maintain adequate domestic and international credit facilities and
    credit lines; the impact on the Company's operating results of its
    pension accounting practices; the Company's ability to avoid
    limitations on utilization of net losses for income tax purposes;
    volatility in the market price of the Company's common stock all of
    which are more fully discussed in the Company's Report on Form 10-K
    filed with the Securities and Exchange Commission on March 1, 2007, as
    well as any current and periodic reports filed with the Commission.
    The Company undertakes no obligation to release publicly the result of
    any revisions to these forward-looking statements that may be made to
    reflect events or circumstances after the date hereof or to reflect
    the occurrence of unanticipated events. The New Offering will not be
    registered under the Securities Act of 1933, as amended, or any state
    securities laws and as a result, such securities may not be offered or
    resold absent registration or an applicable exemption from
    registration under federal and applicable state securities laws.