General Cable Enters Joint Venture in Algeria

General Cable Corporation (NYSE: BGC) (the Company) a leading

global supplier of wire and cable products for the energy, industrial

and communications markets, announced today that it has entered a joint

venture for majority ownership of E.P.E / EN.I.CA.BISKRA/SPA (Enica

Biskra), an Algerian state-owned manufacturer of low and medium voltage

power and construction cable. Enica Biskra is a leading provider of

utility cables to the principal Algerian state-owned power utility and

gas producer. In 2007, the business generated over 70 million euros of

revenue. Enica Biskra, located in the province of Biskra, Algeria, approximately

260 miles southeast of Algiers, is on an 86 acre site with approximately

one million square feet of manufacturing, warehousing and office space.

The Company plans to aggressively invest in this business, primarily for

the fast growing Middle East and North African regions, which combined

have in excess of four billon euros of addressable wire and cable

demand. The Company´s investment plan over the

next few years is expected to exceed 20 million euros and focus on

upgrading and expanding the product capabilities for medium voltage

utility cables as well as cables for industrial applications for both

the domestic market and export into neighboring North African and

European markets. Additionally, the Company will be investing in

training for the associates in the areas of LEAN and manufacturing

efficiency. "We are very pleased to be a partner of the

Algerian government in the privatization of the wire and cable industry

which will enhance economic growth and development," said Domingo Goenaga, Executive Vice President and CEO of General Cable

Europe. "Enica Biskra has a solid platform of

assets and a talented labor force, led by the management team, and

together, we will be able to invest and grow this business and the

workforce into a highly successful enterprise reaching far into Europe

and the neighboring Middle East region." "The acquisition of Enica Biskra represents

the latest step in positioning General Cable as a global leader in

cabling systems for energy infrastructure, which began with the 1999

acquisition of BICC," said Gregory B. Kenny

President and Chief Executive Officer of General Cable. "General

Cable expects to have as much as 200 million euros of annual revenue in

the Middle East and North African region after giving effect to this

investment project. This acquisition establishes an important position

in these markets and a platform to further invest and grow in the region," he concluded. General Cable 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

risks, and uncertainties are more fully discussed in the Company´s

Report on Form 10-K filed with the Securities and Exchange Commission on

February 29, 2008, as well as periodic reports filed with the Commission.