Superior Essex Confirms Discussions with LS Cable

 wire & cable Superior Essex Inc. today confirmed publishedreports out of Asia that it is in discussions with LS Cable Ltd.(KSE: 006260.KS) regarding a potential business combination. LSCable has proposed acquiring the outstanding shares of SuperiorEssex common stock for $45 per share in cash. LS Cable initiallyapproached the Superior Essex Board of Directors with a $36 pershare proposal on March 24, 2008. LS Cable has advised SuperiorEssex that $45 per share is its final proposal. No agreement has been reached and there can be no assurances thatany transaction will result from these discussions. Superior Essex does not anticipate making further announcementswith respect to these discussions unless and until a definitiveagreement has been reached or the discussions have been terminated. ABOUT SUPERIOR ESSEX Superior Essex Inc., a FORTUNE 1,000 company, is one of the largestwire and cable manufacturers in the world. The Company manufacturesand supplies a broad portfolio of wire and cable products for theCommunications, Energy, Automotive, Industrial, and Commercial& Residential end-markets. It is a leading manufacturer ofmagnet wire, fabricated insulation products, and copper and fiberoptic communications wire and cable. It is also a leadingdistributor of magnet wire, insulation and related products.Additional information on the Company can be found on its Web siteat superioressex.com.