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		<raw><![CDATA[CONTENTSOVERVIEW01 02 04 05 10 12 14 Nexans at a glance Message from the Chairman The Executive Committee Corporate governance Key figures The Nexans share Shareholders’ informationSTRATEGY: GOALS FOR 200916 19 Our goals for 2009 2007 results by businessOUR ACTIVITIES IN 200722 24 25 26 Europe North America Asia-Pacific Rest of the WorldOUR IMPROVEMENTS IN 200728 30 32 33 35 Meeting the needs of our customers Helping our employees develop their potential Improving our efficiency Respecting the environment Nexans, sponsor of the Palace of VersaillesFINANCIAL AND LEGAL INFORMATION38 78 Management report Consolidated financial statements161 Parent company financial statements 182 Legal informationNB : This registration document contains Nexans’ annual financial report for fiscal year 2007This registration document was filed with the “Autorité des Marchés Financiers” (French stock market authorities) on March 5, 2008, in accordance with article 212-13 of the General regulations of the AMF. It may be used in connection with a financial transaction only if supplemented by a transaction memorandum which has been reviewed by the AMF.* *Free translation from the original French version of the AMF certificate.This document is a free translation from French into English and has no other value than an informative one. Should there be any difference between the French and English version, only the text in French language shall be deemed authentic and considered as expressing the exact information published by Nexan]]></raw>
		<basicChars><![CDATA[CONTENTSOVERVIEW01 02 04 05 10 12 14 Nexans at a glance Message from the Chairman The Executive Committee Corporate governance Key figures The Nexans share Shareholders’ informationSTRATEGY: GOALS FOR 200916 19 Our goals for 2009 2007 results by businessOUR ACTIVITIES IN 200722 24 25 26 Europe North America Asia-Pacific Rest of the WorldOUR IMPROVEMENTS IN 200728 30 32 33 35 Meeting the needs of our customers Helping our employees develop their potential Improving our efficiency Respecting the environment Nexans, sponsor of the Palace of VersaillesFINANCIAL AND LEGAL INFORMATION38 78 Management report Consolidated financial statements161 Parent company financial statements 182 Legal informationNB : This registration document contains Nexans’ annual financial report for fiscal year 2007This registration document was filed with the “Autorité des Marchés Financiers” (French stock market authorities) on March 5, 2008, in accordance with article 212-13 of the General regulations of the AMF. It may be used in connection with a financial transaction only if supplemented by a transaction memorandum which has been reviewed by the AMF.* *Free translation from the original French version of the AMF certificate.This document is a free translation from French into English and has no other value than an informative one. Should there be any difference between the French and English version, only the text in French language shall be deemed authentic and considered as expressing the exact information published by Nexan]]></basicChars>
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		<raw><![CDATA[GLOBAL LEADER IN CABLESWith energy as the basis of its development, Nexans, the worldwide leader in the cable industry, offers an extensive range of cables and cabling systems in the infrastructure, industry, building and Local Area Network (LAN) markets. Nexans’ products meet the most demanding requirements in terms of quality and respect for the environment. The Group’s services cover the entire value chain, from upstream to downstream: research, design, manufacturing, installation, and maintenance. With its technological leadership, global expertise, and local presence, Nexans operates around the world to satisfy essential needs while maintaining the highest levels of safety and performance. Nexans is listed on the Paris stock exchange.INDUSTRIAL PRESENCE IN MORE THAN 30 COUNTRIES COMMERCIAL ACTIVITIES WORLDWIDEEMPLOYEESBILLION EUROSIN SALES AT CONSTANT METAL PRICESMILLION EUROSIN OPERATING MARGIN0121900 ,4.2 84]]></raw>
		<basicChars><![CDATA[GLOBAL LEADER IN CABLESWith energy as the basis of its development, Nexans, the worldwide leader in the cable industry, offers an extensive range of cables and cabling systems in the infrastructure, industry, building and Local Area Network (LAN) markets. Nexans’ products meet the most demanding requirements in terms of quality and respect for the environment. The Group’s services cover the entire value chain, from upstream to downstream: research, design, manufacturing, installation, and maintenance. With its technological leadership, global expertise, and local presence, Nexans operates around the world to satisfy essential needs while maintaining the highest levels of safety and performance. Nexans is listed on the Paris stock exchange.INDUSTRIAL PRESENCE IN MORE THAN 30 COUNTRIES COMMERCIAL ACTIVITIES WORLDWIDEEMPLOYEESBILLION EUROSIN SALES AT CONSTANT METAL PRICESMILLION EUROSIN OPERATING MARGIN0121900 ,4.2 84]]></basicChars>
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		<raw><![CDATA[ALL THEADVANTAGESTO LEAD OUR INDUSTRYGÉRARD HAUSER, CHAIRMAN AND CHIEF EXECUTIVE OFFICER]]></raw>
		<basicChars><![CDATA[ALL THEADVANTAGESTO LEAD OUR INDUSTRYGÉRARD HAUSER, CHAIRMAN AND CHIEF EXECUTIVE OFFICER]]></basicChars>
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		<raw><![CDATA[2007: a historic year for the Group In 2007, we set a new record for growth and performance. Our cable operations (Energy and Telecom businesses combined) generated sales growth of 12% on a like-for-like basis and improved throughout all geographical areas and our three main markets: infrastructure, industry, and building. Our operating margin grew 57%, from 5.8% to 8.5% of sales at constant metal prices. Cash flow from operations rose 65%. Net income, excluding extraordinary gains on disposals in 2006, doubled in one year, and we reduced our net debt from 40% to 16% of consolidated equity by the end of 2007. Based on these strong results, we have proposed to distribute a dividend of 2 euros per share, up by 67%, and we have launched a share buyback/cancellation program for 70 million euros in shares. A relevant, ambitious strategy One year after we launched our three-year strategic plan, our choices have already proven to be relevant and successful. By placing energy at the core of our development, strengthening our positions in high-growth regions, and improving the value-added of our product range, we have strengthened our positioning in markets that have excellent short-, medium-, and long-term prospects for growth and profit. We live in an ever-changing world; our markets are shifting; and Nexans embodies these trends. We continually strive to develop the best solutions to improve the Group’s profile in terms of growth and profitability. Our goal is to optimize capital employed so that it is concentrated in rapidlygrowing businesses, offering strong synergies. To this end, between 2005 and 2007, we sold our distribution and winding wires businesses. We also became the leader in the cable industry in Asia-Pacific with the acquisition of Olex, the leading Australian cable manufacturer. Olex’s operational consolidation has proven to be a tremendous success. Over 2008, we plan to continue to actively manage our business portfolio. Optimizing our business portfolio We have entered into sales negotiations for the disposal of our coppercable telecom infrastructure activities in Spain, which represent 55 million euros in sales. An exclusive agreement has been signed with a UK-based group, and the deal is slated for completion by the end of the first quarter of 2008. We are also looking into selling our automotive harnesses activity, which accounts for 250 million euros in sales. These activities are not core businesses, and they do not offer enough critical mass worldwide.In terms of acquisitions, the year has been full of activity, and we have continued to expand in rapidly-developing countries. One such project is the planned acquisition of the cable manufacturing business of Madeco in South America which should be finalized toward the middle of 2008. In 2006, this business represented 672 million dollars in sales at current metal prices, or 490 million euros. With this acquisition, Nexans will become the leading cable manufacturer in South America. This acquisition, which will be paid for partly in cash and partly in new Nexans shares, will allow us to maintain our capacity for financial leverage if other acquisition opportunities arise. Once the deal is completed, Madeco will own approximately 9% of Nexans’ capital, which shows that Madeco’s managers are very confident about our Group’s prospects for growth. Adjusted, strong and sustainable outlook By June 2007, we had already reached our goals set for the end of 2009. As such, we have reassessed our prospects. For 2008-2009, with the Group’s new scope of consolidation, i.e. after we sell the harnesses and copper cable telecom infrastructure businesses in Spain and acquire Madeco’s cable manufacturing business, we expect average annual organic sales growth of approximately 6% per year. Operating margin should reach 7% to 10%, depending on the economic environment, and should give rise to a significant increase in free cash flow. The financial markets have been impacted by the US mortgage lending crisis, the declining dollar, and rising oil prices. Like many other companies, Nexans saw its share price fall sharply during the second half of 2007. This trend seems completely unjustified to me and in no way affects the confidence that I have in our Group. Our positioning and financial firepower should enable us to enjoy sustained growth despite a possible global slowdown. More profitable, more resistant, and well-positioned in high-growth markets and geographical areas, Nexans offers a strong, sustainable outlook and has the strategic advantages to lead the industry.]]></raw>
		<basicChars><![CDATA[2007: a historic year for the Group In 2007, we set a new record for growth and performance. Our cable operations (Energy and Telecom businesses combined) generated sales growth of 12% on a like-for-like basis and improved throughout all geographical areas and our three main markets: infrastructure, industry, and building. Our operating margin grew 57%, from 5.8% to 8.5% of sales at constant metal prices. Cash flow from operations rose 65%. Net income, excluding extraordinary gains on disposals in 2006, doubled in one year, and we reduced our net debt from 40% to 16% of consolidated equity by the end of 2007. Based on these strong results, we have proposed to distribute a dividend of 2 euros per share, up by 67%, and we have launched a share buyback/cancellation program for 70 million euros in shares. A relevant, ambitious strategy One year after we launched our three-year strategic plan, our choices have already proven to be relevant and successful. By placing energy at the core of our development, strengthening our positions in high-growth regions, and improving the value-added of our product range, we have strengthened our positioning in markets that have excellent short-, medium-, and long-term prospects for growth and profit. We live in an ever-changing world; our markets are shifting; and Nexans embodies these trends. We continually strive to develop the best solutions to improve the Group’s profile in terms of growth and profitability. Our goal is to optimize capital employed so that it is concentrated in rapidlygrowing businesses, offering strong synergies. To this end, between 2005 and 2007, we sold our distribution and winding wires businesses. We also became the leader in the cable industry in Asia-Pacific with the acquisition of Olex, the leading Australian cable manufacturer. Olex’s operational consolidation has proven to be a tremendous success. Over 2008, we plan to continue to actively manage our business portfolio. Optimizing our business portfolio We have entered into sales negotiations for the disposal of our coppercable telecom infrastructure activities in Spain, which represent 55 million euros in sales. An exclusive agreement has been signed with a UK-based group, and the deal is slated for completion by the end of the first quarter of 2008. We are also looking into selling our automotive harnesses activity, which accounts for 250 million euros in sales. These activities are not core businesses, and they do not offer enough critical mass worldwide.In terms of acquisitions, the year has been full of activity, and we have continued to expand in rapidly-developing countries. One such project is the planned acquisition of the cable manufacturing business of Madeco in South America which should be finalized toward the middle of 2008. In 2006, this business represented 672 million dollars in sales at current metal prices, or 490 million euros. With this acquisition, Nexans will become the leading cable manufacturer in South America. This acquisition, which will be paid for partly in cash and partly in new Nexans shares, will allow us to maintain our capacity for financial leverage if other acquisition opportunities arise. Once the deal is completed, Madeco will own approximately 9% of Nexans’ capital, which shows that Madeco’s managers are very confident about our Group’s prospects for growth. Adjusted, strong and sustainable outlook By June 2007, we had already reached our goals set for the end of 2009. As such, we have reassessed our prospects. For 2008-2009, with the Group’s new scope of consolidation, i.e. after we sell the harnesses and copper cable telecom infrastructure businesses in Spain and acquire Madeco’s cable manufacturing business, we expect average annual organic sales growth of approximately 6% per year. Operating margin should reach 7% to 10%, depending on the economic environment, and should give rise to a significant increase in free cash flow. The financial markets have been impacted by the US mortgage lending crisis, the declining dollar, and rising oil prices. Like many other companies, Nexans saw its share price fall sharply during the second half of 2007. This trend seems completely unjustified to me and in no way affects the confidence that I have in our Group. Our positioning and financial firepower should enable us to enjoy sustained growth despite a possible global slowdown. More profitable, more resistant, and well-positioned in high-growth markets and geographical areas, Nexans offers a strong, sustainable outlook and has the strategic advantages to lead the industry.]]></basicChars>
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		<raw><![CDATA[COMMITTEETHE EXECUTIVEFrom left to right:PASCAL PORTEVIN, FRÉDÉRIC VINCENT, FRÉDÉRIC MICHELLAND,Vice-President, Strategic OperationsMICHEL LEMAIRE,Chief Operating OfficerVÉRONIQUE GUILLOT-PELPEL,Chief Financial OfficerYVON RAAK,Vice-President, Asia-Pacific Area04Vice-President Human Resources and CommunicationsWOLFGANG BEDORF,Vice-President, Europe AreaGORDON THURSFIELD,GÉRARD HAUSER,Chairman and Chief Executive OfficerVice-President, North America AreaVice-President, Rest of the World Ar]]></raw>
		<basicChars><![CDATA[COMMITTEETHE EXECUTIVEFrom left to right:PASCAL PORTEVIN, FRÉDÉRIC VINCENT, FRÉDÉRIC MICHELLAND,Vice-President, Strategic OperationsMICHEL LEMAIRE,Chief Operating OfficerVÉRONIQUE GUILLOT-PELPEL,Chief Financial OfficerYVON RAAK,Vice-President, Asia-Pacific Area04Vice-President Human Resources and CommunicationsWOLFGANG BEDORF,Vice-President, Europe AreaGORDON THURSFIELD,GÉRARD HAUSER,Chairman and Chief Executive OfficerVice-President, North America AreaVice-President, Rest of the World Ar]]></basicChars>
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		<raw><![CDATA[GOVERNANCEGÉRARD HAUSERChairman and CEO of Nexans66 YEARS OLD | 16 RUE DE MONCEAU, 75008 PARIS NUMBER OF NEXANS SHARES HELD: 18,268 (AS OF FEBRUARY 29, 2008) DATE OF FIRST APPOINTMENT: OCTOBER 17, 2000 DATE OF LATEST TERM RENEWAL: MAY 15, 2006 DATE OF TERM EXPIRATION AS DIRECTOR: 2010 ANNUAL SHAREHOLDERS’ MEETING DATE OF TERM EXPIRATION AS CHAIRMAN AND CEO: 2009 ANNUAL SHAREHOLDERS’ MEETINGCORPORATEINFORMATION ABOUT MEMBERS OF THE BOARD OF DIRECTORS AND OTHER CORPORATE OFFICERS AS OF DECEMBER 31, 2007• Expertise/Experience : Joined Alcatel in 1986 after working for a major auditing firm from 1978 to 1985. Moved to Alcatel’s Cables and Components sector in 1989, and in 1994 was appointed Deputy Managing Director (Administration and Finance) for Alcatel’s submarine telecommunications activities, and in 1997, of Saft, Alcatel’s batteries activity. He became Nexans’ Chief Financial Officer and a member of the Executive Committee in 2000, and was appointed as its Chief Operating Officer on May 15, 2006.• Other Directorships and positions held: - Director of Alstom, Faurecia, Aplix, and Ipsen • Directorships expired in the past five years: - Director of Electro-Banque • Expertise/Experience : Held various positions of responsibility within the Philips Group from 1965 to 1975. From 1975 to 1996, he was Chairman and CEO, first of Pechiney World Trade, then of Pechiney Rhénalu and finally Senior Executive Vice President of American National Can and member of the Group’s Executive Committee. In 1996, he joined Alcatel Câble France and became Vice President of the Cables and Components sector of Alcatel in 1997. In 2000, he was appointed Chairman and CEO of Nexans.GIANPAOLO CACCINIDirector of Nexans69 YEARS OLD | PRESIDENT OF ASSOVETRO, THE ITALIAN ASSOCIATION OF GLASS MANUFACTURERS VIA CARADOSSO N°17, 20123 MILAN – ITALY NUMBER OF NEXANS SHARES HELD: 487 DATE OF FIRST APPOINTMENT: JUNE 15, 2001 DATE OF TERM EXPIRATION: 2011 ANNUAL SHAREHOLDERS’ MEETINGFRÉDÉRIC VINCENTChief Operating Officer of Nexans (Proposed as a Director at the 2008 Annual Shareholders’ Meeting)53 YEARS OLD | 16 RUE DE MONCEAU, 75008 PARIS NUMBER OF NEXANS SHARES HELD: 836 (AS OF FEBRUARY 29, 2008) NUMBER OF EMPLOYEE MUTUAL FUND UNITS INVESTED IN NEXANS SHARES: 3,305 (VALUE OF ONE UNIT = VALUE OF ONE SHARE) DATE OF APPOINTMENT: MAY 15, 2006• Other Directorships and positions held: - Director of Saint-Gobain, JM Huber Corporation*, and Saint-Gobain Corporation* • Directorships expired in the past five years: - Director of Nybron Flooring International* - Chief Operating Officer of Saint-Gobain Group - Senior Vice President of Saint-Gobain Corporation* • Expertise/Experience : From 1973 to 1980, he worked at the Saint-Gobain Group as Vice President Sales, then managed several divisions, units, and subsidiaries including Vetrotex Italie Spa and Saint-Gobain Desjonquères SA France. From1996 to 2000, he was Vice President, North America and Deputy CEO of this Group, and CEO, from 2000 to 2004. He has been the President of Assovetro (the Italian Association of Glass Manufacturers) since 2004.• Other Directorships and positions held : - Director of Electro-Banque • Directorships expired in the past five years: - Director of Essex Nexans Europe* Offices and positions held in foreign companies.]]></raw>
		<basicChars><![CDATA[GOVERNANCEGÉRARD HAUSERChairman and CEO of Nexans66 YEARS OLD | 16 RUE DE MONCEAU, 75008 PARIS NUMBER OF NEXANS SHARES HELD: 18,268 (AS OF FEBRUARY 29, 2008) DATE OF FIRST APPOINTMENT: OCTOBER 17, 2000 DATE OF LATEST TERM RENEWAL: MAY 15, 2006 DATE OF TERM EXPIRATION AS DIRECTOR: 2010 ANNUAL SHAREHOLDERS’ MEETING DATE OF TERM EXPIRATION AS CHAIRMAN AND CEO: 2009 ANNUAL SHAREHOLDERS’ MEETINGCORPORATEINFORMATION ABOUT MEMBERS OF THE BOARD OF DIRECTORS AND OTHER CORPORATE OFFICERS AS OF DECEMBER 31, 2007• Expertise/Experience : Joined Alcatel in 1986 after working for a major auditing firm from 1978 to 1985. Moved to Alcatel’s Cables and Components sector in 1989, and in 1994 was appointed Deputy Managing Director (Administration and Finance) for Alcatel’s submarine telecommunications activities, and in 1997, of Saft, Alcatel’s batteries activity. He became Nexans’ Chief Financial Officer and a member of the Executive Committee in 2000, and was appointed as its Chief Operating Officer on May 15, 2006.• Other Directorships and positions held: - Director of Alstom, Faurecia, Aplix, and Ipsen • Directorships expired in the past five years: - Director of Electro-Banque • Expertise/Experience : Held various positions of responsibility within the Philips Group from 1965 to 1975. From 1975 to 1996, he was Chairman and CEO, first of Pechiney World Trade, then of Pechiney Rhénalu and finally Senior Executive Vice President of American National Can and member of the Group’s Executive Committee. In 1996, he joined Alcatel Câble France and became Vice President of the Cables and Components sector of Alcatel in 1997. In 2000, he was appointed Chairman and CEO of Nexans.GIANPAOLO CACCINIDirector of Nexans69 YEARS OLD | PRESIDENT OF ASSOVETRO, THE ITALIAN ASSOCIATION OF GLASS MANUFACTURERS VIA CARADOSSO N°17, 20123 MILAN – ITALY NUMBER OF NEXANS SHARES HELD: 487 DATE OF FIRST APPOINTMENT: JUNE 15, 2001 DATE OF TERM EXPIRATION: 2011 ANNUAL SHAREHOLDERS’ MEETINGFRÉDÉRIC VINCENTChief Operating Officer of Nexans (Proposed as a Director at the 2008 Annual Shareholders’ Meeting)53 YEARS OLD | 16 RUE DE MONCEAU, 75008 PARIS NUMBER OF NEXANS SHARES HELD: 836 (AS OF FEBRUARY 29, 2008) NUMBER OF EMPLOYEE MUTUAL FUND UNITS INVESTED IN NEXANS SHARES: 3,305 (VALUE OF ONE UNIT = VALUE OF ONE SHARE) DATE OF APPOINTMENT: MAY 15, 2006• Other Directorships and positions held: - Director of Saint-Gobain, JM Huber Corporation*, and Saint-Gobain Corporation* • Directorships expired in the past five years: - Director of Nybron Flooring International* - Chief Operating Officer of Saint-Gobain Group - Senior Vice President of Saint-Gobain Corporation* • Expertise/Experience : From 1973 to 1980, he worked at the Saint-Gobain Group as Vice President Sales, then managed several divisions, units, and subsidiaries including Vetrotex Italie Spa and Saint-Gobain Desjonquères SA France. From1996 to 2000, he was Vice President, North America and Deputy CEO of this Group, and CEO, from 2000 to 2004. He has been the President of Assovetro (the Italian Association of Glass Manufacturers) since 2004.• Other Directorships and positions held : - Director of Electro-Banque • Directorships expired in the past five years: - Director of Essex Nexans Europe* Offices and positions held in foreign companies.]]></basicChars>
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		<raw><![CDATA[CORPORATE GOVERNANCEJEAN-MARIE CHEVALIERDirector of Nexans66 YEARS OLD | PROFESSOR OF ECONOMICS AT THE UNIVERSITY OF PARIS IXDAUPHINE PLACE DU MARÉCHAL DE LATTRE DE TASSIGNY, 75116 PARIS NUMBER OF NEXANS SHARES HELD: 420 DATE OF FIRST APPOINTMENT: OCTOBER 23, 2003 DATE OF TERM EXPIRATION: 2011 ANNUAL SHAREHOLDERS’ MEETING• Other Directorships and positions held: Director of Cambridge Energy Research Associates • Directorships expired in the past five years: None • Expertise/Experience : Successively professor of economics at the universities of Grenoble, Paris XIII Nord, and Paris IX-Dauphine (since 1991). Also professor at IEP Paris (1982-1990) and at ENA (1988-1990). He has been Consultant for various companies, banks, government agencies, and international organizations. Since 1984, Consultant for the Energy Department at the World Bank. Vice President at Cambridge Energy Research Associates (CERA) since 1997.- Director of Bouygues SA, Alstom, F.F.P. (Société Foncière Financière et de Participations), Verner Investissements SAS, Erbé SA*, BNP Paribas ZAO*, BNL* (Banca Nazionale del Lavoro), and Scor Holding (Switzerland) AG* - Member of the Supervisory Board of Lagardère SA - Non-voting director of Exane, Scor SA, and Safran • Directorships expired in the past five years: - Chairman of BNP Paribas Bank Polska*, BNP US Funding*, BNP Paribas Emergis SAS, and BNP Paribas UK Holdings Ltd* - Director of Sommer SA*, BNP Paribas Canada*, BNP Paribas Peregrine Ltd*, BNP Prime Peregrine Holdings Ltd*, and BNP Paribas Securities Corp* - Member of the Supervisory Board of Sagem (now Safran). Non-voting director of Scor Vie (now Scor Global Life) • Expertise/Experience : Joined BNP in 1972. After holding several management positions, became deputy CEO in 1993, then Managing Director in 1996. From 1999 to 2003, Member of the Executive Committee and Head of the Finance and Investment Bank of BNP-Paribas, then Managing Director since 2003.FRANÇOIS POLGE DE COMBRETDirector of Nexans67 YEARS OLD | SENIOR ADVISOR OF UBS INVESTMENT BANK 65 RUE DE COURCELLES, 75008 PARIS NUMBER OF NEXANS SHARES HELD: 500 DATE OF FIRST APPOINTMENT: MAY 15, 2006 DATE OF TERM EXPIRATION: 2010 ANNUAL SHAREHOLDERS’ MEETINGJÉRÔME GALLOTDirector of Nexans48 YEARS OLD | CHAIRMAN OF CDC ENTERPRISES, TOUR MAINE MONTPARNASSE 33, AVENUE DU MAINE BP 174 - 75755 PARIS CEDEX 15 NUMBER OF NEXANS SHARES HELD: 200 DATE OF FIRST APPOINTMENT: MAY 10, 2007 DATE OF TERM EXPIRATION: 2011 ANNUAL SHAREHOLDERS’ MEETING• Other Directorships and positions held: - Director of Renault and Bouygues Telecom - Member of the Supervisory Board of Safran • Directorships expired in the past five years: - Director of Fonds Partenaires Gestion, Institut Pasteur, and Sagem (now Safran). • Expertise/Experience : He was successively Honorary Advisor to the Cour des Comptes, Advisor for economic and industrial affairs under Valéry Giscard d’Estaing (1971-1978), first at the Ministry of Finance and Economics, then to the President of the Republic, before being appointed Deputy General Secretary (1978-1981). He was recruited by the bank Lazard in 1982, then spent three years in New York before being appointed a partner and manager of the bank in Paris in 1985. He left the bank Lazard in 2006 to become a Senior Advisor at the bank UBS.GEORGES CHODRON DE COURCELDirector of Nexans57 YEARS OLD | CHIEF OPERATING OFFICER OF BNP PARIBAS AND MEMBER OF THE EXECUTIVE COMMITTEE 3 RUE D’ANTIN, 75002 PARIS NUMBER OF NEXANS SHARES HELD: 229 DATE OF FIRST APPOINTMENT: JUNE 15, 2001 DATE OF TERM EXPIRATION: 2011 ANNUAL SHAREHOLDERS’ MEETING06• Other Directorships and positions held: - Chairman of Financière BNP Paribas SAS, Compagnie d’Investissement de Paris SAS, and BNP Paribas (Switzerland) SA*• Other Directorships and positions held: -- Member of the Supervisory Board of NRJ Group and Schneider Electric SA - Director of CNP Assurances, ICADE, Caixa Seguros*, and Plastic Omnium - Non-voting director of Oseo • Directorships expired in the past five years: - Director of Schneider Electric SA, Crédit Foncier de France, Galaxy Fund, and Galaxy Management Services - Member of the Supervisory Board of CNP Assurances and Compagnie Nationale du Rhône (CNR) - Chairman of Sicav Austral - Vice President of Caisse des Dépôts et Consignations • Expertise/Exprience : After serving as Auditor at the Cour des Comptes for three years, he joined the Secretary General of the Inter-Ministry Committee for issues regarding the Organization for European Economic Cooperation (1989 to 1992), then the Budget Department. He was successively Cabinet Director of the Ministries of Industry, Post, and Telecommunications, Foreign Trade, and Public Services, then became Deputy Finance Minister (1993 to 1997). He was appointed Director General of the Department of Competition, Consumer Affairs, and Repression of Fraud within the French Ministry of the Economy, Finance, and Industry (1997 to 2003) before becoming Vice President and Member of the Executive Committee of Caisse des Dépôts and Consignations. He was appointed Chairman of CDC Entreprises in 2006.* Offices and positions held in foreign companie]]></raw>
		<basicChars><![CDATA[CORPORATE GOVERNANCEJEAN-MARIE CHEVALIERDirector of Nexans66 YEARS OLD | PROFESSOR OF ECONOMICS AT THE UNIVERSITY OF PARIS IXDAUPHINE PLACE DU MARÉCHAL DE LATTRE DE TASSIGNY, 75116 PARIS NUMBER OF NEXANS SHARES HELD: 420 DATE OF FIRST APPOINTMENT: OCTOBER 23, 2003 DATE OF TERM EXPIRATION: 2011 ANNUAL SHAREHOLDERS’ MEETING• Other Directorships and positions held: Director of Cambridge Energy Research Associates • Directorships expired in the past five years: None • Expertise/Experience : Successively professor of economics at the universities of Grenoble, Paris XIII Nord, and Paris IX-Dauphine (since 1991). Also professor at IEP Paris (1982-1990) and at ENA (1988-1990). He has been Consultant for various companies, banks, government agencies, and international organizations. Since 1984, Consultant for the Energy Department at the World Bank. Vice President at Cambridge Energy Research Associates (CERA) since 1997.- Director of Bouygues SA, Alstom, F.F.P. (Société Foncière Financière et de Participations), Verner Investissements SAS, Erbé SA*, BNP Paribas ZAO*, BNL* (Banca Nazionale del Lavoro), and Scor Holding (Switzerland) AG* - Member of the Supervisory Board of Lagardère SA - Non-voting director of Exane, Scor SA, and Safran • Directorships expired in the past five years: - Chairman of BNP Paribas Bank Polska*, BNP US Funding*, BNP Paribas Emergis SAS, and BNP Paribas UK Holdings Ltd* - Director of Sommer SA*, BNP Paribas Canada*, BNP Paribas Peregrine Ltd*, BNP Prime Peregrine Holdings Ltd*, and BNP Paribas Securities Corp* - Member of the Supervisory Board of Sagem (now Safran). Non-voting director of Scor Vie (now Scor Global Life) • Expertise/Experience : Joined BNP in 1972. After holding several management positions, became deputy CEO in 1993, then Managing Director in 1996. From 1999 to 2003, Member of the Executive Committee and Head of the Finance and Investment Bank of BNP-Paribas, then Managing Director since 2003.FRANÇOIS POLGE DE COMBRETDirector of Nexans67 YEARS OLD | SENIOR ADVISOR OF UBS INVESTMENT BANK 65 RUE DE COURCELLES, 75008 PARIS NUMBER OF NEXANS SHARES HELD: 500 DATE OF FIRST APPOINTMENT: MAY 15, 2006 DATE OF TERM EXPIRATION: 2010 ANNUAL SHAREHOLDERS’ MEETINGJÉRÔME GALLOTDirector of Nexans48 YEARS OLD | CHAIRMAN OF CDC ENTERPRISES, TOUR MAINE MONTPARNASSE 33, AVENUE DU MAINE BP 174 - 75755 PARIS CEDEX 15 NUMBER OF NEXANS SHARES HELD: 200 DATE OF FIRST APPOINTMENT: MAY 10, 2007 DATE OF TERM EXPIRATION: 2011 ANNUAL SHAREHOLDERS’ MEETING• Other Directorships and positions held: - Director of Renault and Bouygues Telecom - Member of the Supervisory Board of Safran • Directorships expired in the past five years: - Director of Fonds Partenaires Gestion, Institut Pasteur, and Sagem (now Safran). • Expertise/Experience : He was successively Honorary Advisor to the Cour des Comptes, Advisor for economic and industrial affairs under Valéry Giscard d’Estaing (1971-1978), first at the Ministry of Finance and Economics, then to the President of the Republic, before being appointed Deputy General Secretary (1978-1981). He was recruited by the bank Lazard in 1982, then spent three years in New York before being appointed a partner and manager of the bank in Paris in 1985. He left the bank Lazard in 2006 to become a Senior Advisor at the bank UBS.GEORGES CHODRON DE COURCELDirector of Nexans57 YEARS OLD | CHIEF OPERATING OFFICER OF BNP PARIBAS AND MEMBER OF THE EXECUTIVE COMMITTEE 3 RUE D’ANTIN, 75002 PARIS NUMBER OF NEXANS SHARES HELD: 229 DATE OF FIRST APPOINTMENT: JUNE 15, 2001 DATE OF TERM EXPIRATION: 2011 ANNUAL SHAREHOLDERS’ MEETING06• Other Directorships and positions held: - Chairman of Financière BNP Paribas SAS, Compagnie d’Investissement de Paris SAS, and BNP Paribas (Switzerland) SA*• Other Directorships and positions held: -- Member of the Supervisory Board of NRJ Group and Schneider Electric SA - Director of CNP Assurances, ICADE, Caixa Seguros*, and Plastic Omnium - Non-voting director of Oseo • Directorships expired in the past five years: - Director of Schneider Electric SA, Crédit Foncier de France, Galaxy Fund, and Galaxy Management Services - Member of the Supervisory Board of CNP Assurances and Compagnie Nationale du Rhône (CNR) - Chairman of Sicav Austral - Vice President of Caisse des Dépôts et Consignations • Expertise/Exprience : After serving as Auditor at the Cour des Comptes for three years, he joined the Secretary General of the Inter-Ministry Committee for issues regarding the Organization for European Economic Cooperation (1989 to 1992), then the Budget Department. He was successively Cabinet Director of the Ministries of Industry, Post, and Telecommunications, Foreign Trade, and Public Services, then became Deputy Finance Minister (1993 to 1997). He was appointed Director General of the Department of Competition, Consumer Affairs, and Repression of Fraud within the French Ministry of the Economy, Finance, and Industry (1997 to 2003) before becoming Vice President and Member of the Executive Committee of Caisse des Dépôts and Consignations. He was appointed Chairman of CDC Entreprises in 2006.* Offices and positions held in foreign companie]]></basicChars>
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		<raw><![CDATA[JACQUES GARAÏALDEDirector of Nexans51 YEARS OLD | MANAGING DIRECTOR DE KOHLBERG KRAVIS ROBERTS et CO. LTD. STIRLING SQUARE, 7 CARLTON GARDENS, LONDON SW1Y 5AD – UNITED KINGDOM NUMBER OF NEXANS SHARES HELD: 500 DATE OF FIRST APPOINTMENT: JUNE 15, 2001 DATE OF TERM EXPIRATION: 2011 ANNUAL SHAREHOLDERS’ MEETINGfor McKinsey. He became Chief Executive Officer of the Zodiac Group in 1974, and was appointed Chairman of the Zodiac Management Board in 1980. Since 2007, he has served as a Member of the Management Board of the Zodiac Group.COLETTE LEWINERDirector of Nexans62 YEARS OLD | VICE PRESIDENT, GLOBAL LEADER ENERGY, UTILITIES et CHEMICALS OF CAP GEMINI CAP GEMINI, TOUR EUROPLAZA, LA DÉFENSE 4 20, AVENUE ANDRÉ PROTHIN 92927 PARIS LA DÉFENSE CEDEX NUMBER OF NEXANS SHARES HELD: 1,000 DATE OF FIRST APPOINTMENT: JUNE 3, 2004 DATE OF TERM EXPIRATION: 2008 ANNUAL SHAREHOLDERS’ MEETING• Other Directorships and positions held: - Chairman of the PagesJaunes Group’s Board of Directors - Chairman and CEO of Mediannuaire Holding - Director of Legrand and Tarkett SA - Member of the Executive Committee of Société d’Investissement Familiale • Directorships expired in the past five years: - Director of Legrand France and Lumina Participation - Chairman of the Supervisory Board of Solsoft and Egencia • Expertise/Experience : After Exxon Corporation, he joined the Boston Consulting Group in 1982, where he worked successively as Consultant, Vice President, Senior Vice President, and Vice President Operations, Belgium and France (1995 to 2000). He was Managing Director Europe for the Carlyle Group in London from 2000 to 2003 before signing on with the Kohlberg Kravis Roberts et Co group as Managing Director.JEAN-LOUIS GERONDEAUDirector of Nexans64 YEARS OLD MEMBER OF THE MANAGEMENT BOARD OF THE ZODIAC GROUP 2, RUE MAURICE MALLET 92130 ISSY LES MOULINEAUX NUMBER OF NEXANS SHARES HELD: 100 DATE OF FIRST APPOINTMENT: MAY 10, 2007 DATE OF TERM EXPIRATION: 2011 ANNUAL SHAREHOLDERS’ MEETING• Other Directorships and positions held: - Director of La Poste and TGS-NOPEC Geophysical Company ASA* - Member of the Information Technology Strategic Board reporting to the Prime Minister - Member of the Académie des Technologies • Directorships expired in the past five years: None • Expertise/Experience : After several years of physics research and teaching at the university level (Maître de conférences at the university of Paris 7) she joined Electricité de France in 1979 and set up the Development and Commercial Strategy Department in 1989. She was appointed Chief Executive Officer of SGN-Réseau Eurysis in 1992, before joining Cap Gemini in 1998 to set up the international Utilities Department. After the merger with ErnstetYoung, she was made Head of the extended Energy, Utilities et Chemicals Department. In 2004, she set up the Global Marketing Department of Cap Gemini which she managed until 2007.ERVIN ROSENBERGDirector of Nexans72 YEARS OLD | ADVISOR TO THE CHAIRMAN OF COMPAGNIE FINANCIÈRE EDMOND DE ROTHSCHILD BANQUE 47 RUE DU FAUBOURG SAINT HONORÉ, 75008 PARIS NUMBER OF NEXANS SHARES HELD: 500 DATE OF FIRST APPOINTMENT: JUNE 15, 2001 DATE OF TERM EXPIRATION: 2011 ANNUAL SHAREHOLDERS’ MEETING• Other Directorships and positions held: - Director of Faurecia, Sicma Aero Seat, Avox-Eros Services Inc*, Avox Systems Inc*, Evac International OY*, Evac OY*, Marine Holding Corp*, Zodiac Espanola*, Zodiac Automotive UK*, Air Cruisers*, Sicma Aero Seat Services*, Zodiac Automotive US*, Zodiac US Corporation*, Zodiac Group of Australia*, MAG Aerospace Industries Inc*, CetD Zodiac*, and CetD Aerospace Canada* - Chairman and Vice Chairman of the Supervisory Board of the Institute for Industrial Development (IDI) - Chairman of Aerazur, Intertechnique, Aerazur Newco, Zodiac Marine Holding, and Zodiac Airline Equipment LLC* • Directorships expired in the past five years: - Chairman of the Management Board of the Zodiac Group - Director of Ferma and Optim Actif • Expertise/Experience : He began his career in 1965 at the French Ministry of Equipment, within the Department of International and Economic Affairs, where he worked for 5 years. From1970 to 1974, he worked• Other Directorships and positions held: - Member of the Supervisory Board of LCF Rothschild Financial Services and Mobility Saint Honoré - Chairman and CEO of Financière Savoisienne - Non-voting director of Compagnie Financière Edmond de Rothschild Banque • Directorships expired in the past five years: - Director of Thomson SA and Carbone Lorraine - Member of the Supervisory Board of Compagnie Financière Edmond de Rothschild Banque, Ifrah Finance, and Entreprise Minière et Chimique • Expertise/Experience : He started working at BNP in 1965 where he joined the Industrial Business Division (1984), then the Large Business* Offices and positions held in foreign companies.]]></raw>
		<basicChars><![CDATA[JACQUES GARAÏALDEDirector of Nexans51 YEARS OLD | MANAGING DIRECTOR DE KOHLBERG KRAVIS ROBERTS et CO. LTD. STIRLING SQUARE, 7 CARLTON GARDENS, LONDON SW1Y 5AD – UNITED KINGDOM NUMBER OF NEXANS SHARES HELD: 500 DATE OF FIRST APPOINTMENT: JUNE 15, 2001 DATE OF TERM EXPIRATION: 2011 ANNUAL SHAREHOLDERS’ MEETINGfor McKinsey. He became Chief Executive Officer of the Zodiac Group in 1974, and was appointed Chairman of the Zodiac Management Board in 1980. Since 2007, he has served as a Member of the Management Board of the Zodiac Group.COLETTE LEWINERDirector of Nexans62 YEARS OLD | VICE PRESIDENT, GLOBAL LEADER ENERGY, UTILITIES et CHEMICALS OF CAP GEMINI CAP GEMINI, TOUR EUROPLAZA, LA DÉFENSE 4 20, AVENUE ANDRÉ PROTHIN 92927 PARIS LA DÉFENSE CEDEX NUMBER OF NEXANS SHARES HELD: 1,000 DATE OF FIRST APPOINTMENT: JUNE 3, 2004 DATE OF TERM EXPIRATION: 2008 ANNUAL SHAREHOLDERS’ MEETING• Other Directorships and positions held: - Chairman of the PagesJaunes Group’s Board of Directors - Chairman and CEO of Mediannuaire Holding - Director of Legrand and Tarkett SA - Member of the Executive Committee of Société d’Investissement Familiale • Directorships expired in the past five years: - Director of Legrand France and Lumina Participation - Chairman of the Supervisory Board of Solsoft and Egencia • Expertise/Experience : After Exxon Corporation, he joined the Boston Consulting Group in 1982, where he worked successively as Consultant, Vice President, Senior Vice President, and Vice President Operations, Belgium and France (1995 to 2000). He was Managing Director Europe for the Carlyle Group in London from 2000 to 2003 before signing on with the Kohlberg Kravis Roberts et Co group as Managing Director.JEAN-LOUIS GERONDEAUDirector of Nexans64 YEARS OLD MEMBER OF THE MANAGEMENT BOARD OF THE ZODIAC GROUP 2, RUE MAURICE MALLET 92130 ISSY LES MOULINEAUX NUMBER OF NEXANS SHARES HELD: 100 DATE OF FIRST APPOINTMENT: MAY 10, 2007 DATE OF TERM EXPIRATION: 2011 ANNUAL SHAREHOLDERS’ MEETING• Other Directorships and positions held: - Director of La Poste and TGS-NOPEC Geophysical Company ASA* - Member of the Information Technology Strategic Board reporting to the Prime Minister - Member of the Académie des Technologies • Directorships expired in the past five years: None • Expertise/Experience : After several years of physics research and teaching at the university level (Maître de conférences at the university of Paris 7) she joined Electricité de France in 1979 and set up the Development and Commercial Strategy Department in 1989. She was appointed Chief Executive Officer of SGN-Réseau Eurysis in 1992, before joining Cap Gemini in 1998 to set up the international Utilities Department. After the merger with ErnstetYoung, she was made Head of the extended Energy, Utilities et Chemicals Department. In 2004, she set up the Global Marketing Department of Cap Gemini which she managed until 2007.ERVIN ROSENBERGDirector of Nexans72 YEARS OLD | ADVISOR TO THE CHAIRMAN OF COMPAGNIE FINANCIÈRE EDMOND DE ROTHSCHILD BANQUE 47 RUE DU FAUBOURG SAINT HONORÉ, 75008 PARIS NUMBER OF NEXANS SHARES HELD: 500 DATE OF FIRST APPOINTMENT: JUNE 15, 2001 DATE OF TERM EXPIRATION: 2011 ANNUAL SHAREHOLDERS’ MEETING• Other Directorships and positions held: - Director of Faurecia, Sicma Aero Seat, Avox-Eros Services Inc*, Avox Systems Inc*, Evac International OY*, Evac OY*, Marine Holding Corp*, Zodiac Espanola*, Zodiac Automotive UK*, Air Cruisers*, Sicma Aero Seat Services*, Zodiac Automotive US*, Zodiac US Corporation*, Zodiac Group of Australia*, MAG Aerospace Industries Inc*, CetD Zodiac*, and CetD Aerospace Canada* - Chairman and Vice Chairman of the Supervisory Board of the Institute for Industrial Development (IDI) - Chairman of Aerazur, Intertechnique, Aerazur Newco, Zodiac Marine Holding, and Zodiac Airline Equipment LLC* • Directorships expired in the past five years: - Chairman of the Management Board of the Zodiac Group - Director of Ferma and Optim Actif • Expertise/Experience : He began his career in 1965 at the French Ministry of Equipment, within the Department of International and Economic Affairs, where he worked for 5 years. From1970 to 1974, he worked• Other Directorships and positions held: - Member of the Supervisory Board of LCF Rothschild Financial Services and Mobility Saint Honoré - Chairman and CEO of Financière Savoisienne - Non-voting director of Compagnie Financière Edmond de Rothschild Banque • Directorships expired in the past five years: - Director of Thomson SA and Carbone Lorraine - Member of the Supervisory Board of Compagnie Financière Edmond de Rothschild Banque, Ifrah Finance, and Entreprise Minière et Chimique • Expertise/Experience : He started working at BNP in 1965 where he joined the Industrial Business Division (1984), then the Large Business* Offices and positions held in foreign companies.]]></basicChars>
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	<page id="10">
		<raw><![CDATA[CORPORATE GOVERNANCEDivision (1985). He was appointed Director of the Large Business Division in 1993 and was appointed successively a member of the General Management Committee of BNP and then Central Director in 1994, before being appointed honorary Deputy Managing Director in 2000. He joined Compagnie Financière Edmond de Rothschild Banque in 2000 as Advisor to the Chairman of the Management Board. He also served as a member of the Supervisory Board from 2000 to 2006, and in 2006, he became a non-voting director of Compagnie Financière Edmond de Rothschild Banque.PROPOSAL SUBMITTED TO THE ANNUAL SHAREHOLDERS’ MEETING TO BE HELD ON APRIL 22, 2008 (HELD UPON SECOND CALL): RENEWAL OF DIRECTORS’ TERM OF OFFICE AND APPOINTMENT OF NEW DIRECTORS TO THE BOARDNICOLAS DE TAVERNOSTDirector of Nexans57 YEARS OLD CHAIRMAN OF THE MANAGEMENT BOARD OF THE M6 GROUP 89, AVENUE CHARLES DE GAULLE 92575 NEUILLY CEDEX NUMBER OF NEXANS SHARES HELD: 501 DATE OF FIRST APPOINTMENT: MAY 10, 2007 DATE OF TERM EXPIRATION: 2011 ANNUAL SHAREHOLDERS’ MEETINGThe renewal, for a period of four years, of the term of office of Mrs. Colette Lewiner and the appointment, for a four-year term, of Mr. Frédéric Vincent, Chief operating officer of Nexans since May 2006 (see the description on page 5), and Mr. Guillermo Luksic Craig (see below), as two new directors, will be submitted for approval at the next Shareholders' Meeting.GUILLERMO LUKSIC CRAIG52 YEARS OLD• Other Directorships and positions held: - Member of the Supervisory Board of Ediradio SA (RTL) - Director of Antena 3* and GL Events SA, and within the M6 Group, Extension TV SA, TF6 Gestion SA, and Société Nouvelle de Distribution SA - President of the Association of European Commercial Television (ACT)* • Directorships expired in the past five years: Director of Business Interactif and Hotel Saint Dominique (on his own behalf) • Expertise/Experience : First of all employed by the French Ministry of International Commerce (1974) then appointed General Secretary of the French Chamber of Commerce in Zurich (1976), he joined the cabinet of the Secretary of State of Post and Telecommunications in 1977 where he was posted in 1981 to the Telecommunications Department and then to the public services division of the Video Communications Department. He joined Lyonnaise des Eaux in 1986 as Director of the Audiovisual activities. He has been Managing Director of M6 since its creation in 1987, and was made Chairman of the M6 Group in 2000.• Expertise/Experience : : Guillermo Luksic Craig is Chairman of the Board of Directors of Quiñenco, a business conglomerate listed in Chile, of which he is also a shareholder. He began his career in 1975 with the Quiñenco group and was appointed Chairman of the Board in 1982. He is currently Chairman of the Boards of Directors of the Chilean companies Madeco, CCU (beverage company held by Quiñenco and its strategic partner Heineken, listed in Chile and in the United States), CNT Telefónica del Sur (a leading telecommunications company in the south of Chile), and Viña San Pedro (a company specialized in wine production). Since 2001, he has been a member of the Board of Directors of the second largest bank in the country, Banco de Chile. In 2005, he was appointed member of the Board of Directors of Antofagasta plc, a London-based Chilean mining company with extensive investments in Chile. He is member of and advisor to management bodies of various nonprofit organizations, including the Ena Craig foundation and the Centro de Estudios Publico. He is also a trustee of the Finis Terrae University in Chile.SUMMARY OF THE TERM OF OFFICE EXPIRATION DATES OF NEXANS BOARD MEMBERSYear: 2008 2010 2011 Board member: C. Lewiner G. Hauser F. Polge de Combret G. Caccini JM. Chevalier G. Chodron de Courcel J. Gallot J. Garaïalde JL. Gerondeau E. Rosenberg N. de TavernostORGANIZATION OF THE BOARD OF DIRECTORSSince its listing on the stock exchange, Nexans has adopted a number of rules relating to corporate governance with a view to ensuring transparency of information with respect to both its directors and its shareholders. The Board of Directors is currently made up of 11 members. They come from diverse backgrounds and were selected for their expertise and experience in industry, banking or consultancy, enabling them to give informed opinions and advice in the best interests of the Company. The Combined Shareholders’ Meeting of June 3, 2004 decided to reduce the length of Directors’ term of office from six to four years, starting with terms beginning during the 2004 financial year. No category of shareholder is represented on the Board of Directors, and there is no Director elected by the employees.08* Offices and positions held in foreign companie]]></raw>
		<basicChars><![CDATA[CORPORATE GOVERNANCEDivision (1985). He was appointed Director of the Large Business Division in 1993 and was appointed successively a member of the General Management Committee of BNP and then Central Director in 1994, before being appointed honorary Deputy Managing Director in 2000. He joined Compagnie Financière Edmond de Rothschild Banque in 2000 as Advisor to the Chairman of the Management Board. He also served as a member of the Supervisory Board from 2000 to 2006, and in 2006, he became a non-voting director of Compagnie Financière Edmond de Rothschild Banque.PROPOSAL SUBMITTED TO THE ANNUAL SHAREHOLDERS’ MEETING TO BE HELD ON APRIL 22, 2008 (HELD UPON SECOND CALL): RENEWAL OF DIRECTORS’ TERM OF OFFICE AND APPOINTMENT OF NEW DIRECTORS TO THE BOARDNICOLAS DE TAVERNOSTDirector of Nexans57 YEARS OLD CHAIRMAN OF THE MANAGEMENT BOARD OF THE M6 GROUP 89, AVENUE CHARLES DE GAULLE 92575 NEUILLY CEDEX NUMBER OF NEXANS SHARES HELD: 501 DATE OF FIRST APPOINTMENT: MAY 10, 2007 DATE OF TERM EXPIRATION: 2011 ANNUAL SHAREHOLDERS’ MEETINGThe renewal, for a period of four years, of the term of office of Mrs. Colette Lewiner and the appointment, for a four-year term, of Mr. Frédéric Vincent, Chief operating officer of Nexans since May 2006 (see the description on page 5), and Mr. Guillermo Luksic Craig (see below), as two new directors, will be submitted for approval at the next Shareholders' Meeting.GUILLERMO LUKSIC CRAIG52 YEARS OLD• Other Directorships and positions held: - Member of the Supervisory Board of Ediradio SA (RTL) - Director of Antena 3* and GL Events SA, and within the M6 Group, Extension TV SA, TF6 Gestion SA, and Société Nouvelle de Distribution SA - President of the Association of European Commercial Television (ACT)* • Directorships expired in the past five years: Director of Business Interactif and Hotel Saint Dominique (on his own behalf) • Expertise/Experience : First of all employed by the French Ministry of International Commerce (1974) then appointed General Secretary of the French Chamber of Commerce in Zurich (1976), he joined the cabinet of the Secretary of State of Post and Telecommunications in 1977 where he was posted in 1981 to the Telecommunications Department and then to the public services division of the Video Communications Department. He joined Lyonnaise des Eaux in 1986 as Director of the Audiovisual activities. He has been Managing Director of M6 since its creation in 1987, and was made Chairman of the M6 Group in 2000.• Expertise/Experience : : Guillermo Luksic Craig is Chairman of the Board of Directors of Quiñenco, a business conglomerate listed in Chile, of which he is also a shareholder. He began his career in 1975 with the Quiñenco group and was appointed Chairman of the Board in 1982. He is currently Chairman of the Boards of Directors of the Chilean companies Madeco, CCU (beverage company held by Quiñenco and its strategic partner Heineken, listed in Chile and in the United States), CNT Telefónica del Sur (a leading telecommunications company in the south of Chile), and Viña San Pedro (a company specialized in wine production). Since 2001, he has been a member of the Board of Directors of the second largest bank in the country, Banco de Chile. In 2005, he was appointed member of the Board of Directors of Antofagasta plc, a London-based Chilean mining company with extensive investments in Chile. He is member of and advisor to management bodies of various nonprofit organizations, including the Ena Craig foundation and the Centro de Estudios Publico. He is also a trustee of the Finis Terrae University in Chile.SUMMARY OF THE TERM OF OFFICE EXPIRATION DATES OF NEXANS BOARD MEMBERSYear: 2008 2010 2011 Board member: C. Lewiner G. Hauser F. Polge de Combret G. Caccini JM. Chevalier G. Chodron de Courcel J. Gallot J. Garaïalde JL. Gerondeau E. Rosenberg N. de TavernostORGANIZATION OF THE BOARD OF DIRECTORSSince its listing on the stock exchange, Nexans has adopted a number of rules relating to corporate governance with a view to ensuring transparency of information with respect to both its directors and its shareholders. The Board of Directors is currently made up of 11 members. They come from diverse backgrounds and were selected for their expertise and experience in industry, banking or consultancy, enabling them to give informed opinions and advice in the best interests of the Company. The Combined Shareholders’ Meeting of June 3, 2004 decided to reduce the length of Directors’ term of office from six to four years, starting with terms beginning during the 2004 financial year. No category of shareholder is represented on the Board of Directors, and there is no Director elected by the employees.08* Offices and positions held in foreign companie]]></basicChars>
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	<page id="11">
		<raw><![CDATA[Each year, the Board of Directors reviews the situation of each of its members with regard to the criteria governing independence defined in the combined Viénot-Bouton Report of June 2003 as reflected in the Company’s Internal Regulations. The latter specifies in particular that in the Group’s relations with businesses and banks in which any of its directors have an interest, independence will be determined according to the level of sales made to such companies, which is fixed at 10%, or in respect of investment banks and financial share of business given to them. The aim is to determine whether these relationships are of an importance and nature such that they could affect the independence and freedom of judgment of the directors concerned. Based on these criteria, Gérard Hauser, Georges Chodron de Courcel, and Ervin Rosenberg have declared that they are not independent directors: Gérard Hauser, in view of his position as Chairman and Chief Executive Officer of the Company, and Georges Chodron de Courcel and Ervin Rosenberg, owing to their positions within BNP Paribas and La Compagnie Financière Edmond de Rothschild Banque, respectively, which are two banks with whom the Group has business relationships. The other directors are deemed to be independent directors: Gianpaolo Caccini, Jean-Marie Chevalier, Jérôme Gallot, Jacques Garaïalde, JeanLouis Gerondeau, Colette Lewiner, François Polge de Combret, and Nicolas de Tavernost. Eight out of the eleven directors are therefore independent, representing more than half of the Board members, a proportion in accordance with the recommendations of the Viénot-Bouton Report. There are no family links between the Board members. There are no service contracts between any of the Board members and the Company or any of its subsidiaries. No loans or guarantees have been granted or established for the benefit of a corporate officer by the Company or a company within its Group. To the best knowledge of the Company, during the past five years: • no Board member has been convicted of fraud; • no Board member has been associated with any bankruptcy, placing into receivership, or liquidation of a company; • no Board member has been the subject of an incrimination or official public sanction by any statutory or regulatory authorities; • no Board member has been prohibited by court order from serving on an administrative, executive, or supervisory body of a public company, or from participating in the management of business of a public company.Apart from the related-party transactions discussed on pages 195 and 196 of this Registration document and the agreements relating to the transaction with Madeco described on page 47, no agreements or arrangements have been concluded with the primary shareholders, customers, suppliers, or other parties, under the terms of which a Board member has been selected. Board members are not subject to any restrictions on the sale of their ownership interest in Nexans’ capital, with the exception of any regulations governing insider trading.COMPENSATION PAID TO MEMBERS OF THE BOARD OF DIRECTORSThe Board of Directors Meeting on March 27, 2007 approved the following changes to the methods for setting and paying the Directors’ fees described in the Management Report presented by the Board of Directors on page 61of this Registration document: • each of the Directors, including the Chairman, receives 17,500 euros for the fixed portion; • each of the Directors, including the Chairman, receives an additional 2,000 euros for each Board Meeting attended, subject to a 12,000 euros maximum per Director; • each of the members of the Accounts and Audit Committee receives 3,000 euros per meeting, subject to a12,000 euros maximum per year; • each of the members of the Appointments and Compensation Committee receives 3,000 euros per meeting, subject to a 12,000 euros maximum per year.SUMMARY OF TRANSACTIONS COMPLETED BY CORPORATE OFFICERS AND SENIOR MANAGERS RELATING TO THE COMPANY’S SECURITIES, AS REQUIRED BY ARTICLE L.621-18-2 OF THE FRENCH MONETARY AND FINANCIAL CODEThe table included in the Management Report presented by the Board of Directors on pages 64 and 65 of this Registration document summarizes the transactions completed by Nexans’ corporate officers and Executive Committee members in relation to the Company’s securities during 2007 and disclosed to the AMF.ADDITIONAL INFORMATIONAdditional information regarding the Board of Directors, its various Committees, and Nexans’ senior managers are provided in the Management Report presented by the Board of Directors on pages 59 to 63 of this Registration document, and in the Chairman’s Report on the Board of Directors’ Operations and the Company’s Internal Control Procedures on pages 200 to 209 of this Registration document.ABSENCE OF CONFLICTS OF INTERESTAs mentioned above, some Board members serve as corporate officers and/or senior managers for companies that may enter into contractual agreements with Nexans for commercial and/or financial transactions (as investment advisors and/or managers). Such contracts having been negotiated and signed under normal conditions, the Company is not aware of any possible conflicts of interest between the Board members’ duties towards Nexans and their private interests and/or any of their other obligations.]]></raw>
		<basicChars><![CDATA[Each year, the Board of Directors reviews the situation of each of its members with regard to the criteria governing independence defined in the combined Viénot-Bouton Report of June 2003 as reflected in the Company’s Internal Regulations. The latter specifies in particular that in the Group’s relations with businesses and banks in which any of its directors have an interest, independence will be determined according to the level of sales made to such companies, which is fixed at 10%, or in respect of investment banks and financial share of business given to them. The aim is to determine whether these relationships are of an importance and nature such that they could affect the independence and freedom of judgment of the directors concerned. Based on these criteria, Gérard Hauser, Georges Chodron de Courcel, and Ervin Rosenberg have declared that they are not independent directors: Gérard Hauser, in view of his position as Chairman and Chief Executive Officer of the Company, and Georges Chodron de Courcel and Ervin Rosenberg, owing to their positions within BNP Paribas and La Compagnie Financière Edmond de Rothschild Banque, respectively, which are two banks with whom the Group has business relationships. The other directors are deemed to be independent directors: Gianpaolo Caccini, Jean-Marie Chevalier, Jérôme Gallot, Jacques Garaïalde, JeanLouis Gerondeau, Colette Lewiner, François Polge de Combret, and Nicolas de Tavernost. Eight out of the eleven directors are therefore independent, representing more than half of the Board members, a proportion in accordance with the recommendations of the Viénot-Bouton Report. There are no family links between the Board members. There are no service contracts between any of the Board members and the Company or any of its subsidiaries. No loans or guarantees have been granted or established for the benefit of a corporate officer by the Company or a company within its Group. To the best knowledge of the Company, during the past five years: • no Board member has been convicted of fraud; • no Board member has been associated with any bankruptcy, placing into receivership, or liquidation of a company; • no Board member has been the subject of an incrimination or official public sanction by any statutory or regulatory authorities; • no Board member has been prohibited by court order from serving on an administrative, executive, or supervisory body of a public company, or from participating in the management of business of a public company.Apart from the related-party transactions discussed on pages 195 and 196 of this Registration document and the agreements relating to the transaction with Madeco described on page 47, no agreements or arrangements have been concluded with the primary shareholders, customers, suppliers, or other parties, under the terms of which a Board member has been selected. Board members are not subject to any restrictions on the sale of their ownership interest in Nexans’ capital, with the exception of any regulations governing insider trading.COMPENSATION PAID TO MEMBERS OF THE BOARD OF DIRECTORSThe Board of Directors Meeting on March 27, 2007 approved the following changes to the methods for setting and paying the Directors’ fees described in the Management Report presented by the Board of Directors on page 61of this Registration document: • each of the Directors, including the Chairman, receives 17,500 euros for the fixed portion; • each of the Directors, including the Chairman, receives an additional 2,000 euros for each Board Meeting attended, subject to a 12,000 euros maximum per Director; • each of the members of the Accounts and Audit Committee receives 3,000 euros per meeting, subject to a12,000 euros maximum per year; • each of the members of the Appointments and Compensation Committee receives 3,000 euros per meeting, subject to a 12,000 euros maximum per year.SUMMARY OF TRANSACTIONS COMPLETED BY CORPORATE OFFICERS AND SENIOR MANAGERS RELATING TO THE COMPANY’S SECURITIES, AS REQUIRED BY ARTICLE L.621-18-2 OF THE FRENCH MONETARY AND FINANCIAL CODEThe table included in the Management Report presented by the Board of Directors on pages 64 and 65 of this Registration document summarizes the transactions completed by Nexans’ corporate officers and Executive Committee members in relation to the Company’s securities during 2007 and disclosed to the AMF.ADDITIONAL INFORMATIONAdditional information regarding the Board of Directors, its various Committees, and Nexans’ senior managers are provided in the Management Report presented by the Board of Directors on pages 59 to 63 of this Registration document, and in the Chairman’s Report on the Board of Directors’ Operations and the Company’s Internal Control Procedures on pages 200 to 209 of this Registration document.ABSENCE OF CONFLICTS OF INTERESTAs mentioned above, some Board members serve as corporate officers and/or senior managers for companies that may enter into contractual agreements with Nexans for commercial and/or financial transactions (as investment advisors and/or managers). Such contracts having been negotiated and signed under normal conditions, the Company is not aware of any possible conflicts of interest between the Board members’ duties towards Nexans and their private interests and/or any of their other obligations.]]></basicChars>
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	<page id="12">
		<raw><![CDATA[KEY FIGURESSTRONGER PERFORMANCE7,489 7,412 5,449 4,263 4,442 4,822+8.5%050607050607SALES AT CURRENT NON-FERROUS METAL PRICES In millions of eurosSALES AT CONSTANT NON-FERROUS METAL PRICES In millions of eurosSales at constant non-ferrous metal prices climbed 8.5%; based on constant exchange rates and a comparable scope of consolidation (like-for-like), the increase came to 4.8% over 2006. This increase reflects the 12.1% organic growth in the cable activities, buoyed by the Group’s dynamic sales throughout all its geographical Areas, in infrastructure, industry, and buildings alike.409 260 1868.5 %241 189163+57%4.4 %5.8 %+290050607050607050607OPERATING MARGIN In millions of euros Operating margin jumped 57% compared with 2006. This very positive trend can be attributed to an increase in business activities as well as an increase in high value-added businesses in the Group’s product range.OPERATING MARGIN AT CONSTANT NON-FERROUS METAL PRICES In %ATTRIBUTABLE NET INCOME In millions of euros Net income for the fiscal year grew in line with operating margin. Net income came to 189 million euros in 2007. Excluding extraordinary gains on asset disposals in 2006, net income has doubled in one year.1]]></raw>
		<basicChars><![CDATA[KEY FIGURESSTRONGER PERFORMANCE7,489 7,412 5,449 4,263 4,442 4,822+8.5%050607050607SALES AT CURRENT NON-FERROUS METAL PRICES In millions of eurosSALES AT CONSTANT NON-FERROUS METAL PRICES In millions of eurosSales at constant non-ferrous metal prices climbed 8.5%; based on constant exchange rates and a comparable scope of consolidation (like-for-like), the increase came to 4.8% over 2006. This increase reflects the 12.1% organic growth in the cable activities, buoyed by the Group’s dynamic sales throughout all its geographical Areas, in infrastructure, industry, and buildings alike.409 260 1868.5 %241 189163+57%4.4 %5.8 %+290050607050607050607OPERATING MARGIN In millions of euros Operating margin jumped 57% compared with 2006. This very positive trend can be attributed to an increase in business activities as well as an increase in high value-added businesses in the Group’s product range.OPERATING MARGIN AT CONSTANT NON-FERROUS METAL PRICES In %ATTRIBUTABLE NET INCOME In millions of euros Net income for the fiscal year grew in line with operating margin. Net income came to 189 million euros in 2007. Excluding extraordinary gains on asset disposals in 2006, net income has doubled in one year.1]]></basicChars>
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	<page id="13">
		<raw><![CDATA[10.5%14%19%11.0%12% 12% 8% 8%78.5%2007 SALES BY ACTIVITY AT CONSTANT NON-FERROUS METAL PRICES Change compared with 2006*: Én Energy + 20% Telecom + 8% Electrical wires – 37% * At current exchange rates and scope of consolidation.66%2007 SALES BY GEOGRAPHICAL AREA BY ORIGIN AT CONSTANT NON-FERROUS METAL PRICES65%2007 OPERATING MARGIN BY GEOGRAPHICAL AREA AT CONSTANT NON-FERROUS METAL PRICES Change compared with 2006: Europe + 78% North America + 23% Asia-Pacific + 163% Rest of the World – 15% Note: Operating margin on unallocated operations = –14 million eurosChange compared with 2006*: Europe + 6% North America – 18% Asia-Pacific + 106% Rest of the World + 13%165 120174 1,2781,5891,758 633+5.5%+10.6%374 290-54.2%050607050607050607MANUFACTURING CAPITAL EXPENDITURES In millions of euros The amount of the Group’s expenditures was in line with the plan announced at the beginning of 2007. The largest portion of planned expenditures was allocated to energy infrastructure operations (40%), where demand is very high; the Group’s next biggest area for expenditures was industry (22%).TOTAL EQUITY In millions of euros Total equity rose in line with the increase in income over the year (197 million euros). The Group’s significant equity and its considerably lower net debt enabled the Group to lower its net debt/total equity ratio, which stood at a solid 16% (compared with 40% in 2006).11NET DEBT In millions of euros The Group cut its net debt in half over 2007 (down to 290 million euros) compared with 633 million euros in 2006. These positive results can be attributed to considerably higher cash flow from operations along with successful initiatives taken to lower working capital requirement]]></raw>
		<basicChars><![CDATA[10.5%14%19%11.0%12% 12% 8% 8%78.5%2007 SALES BY ACTIVITY AT CONSTANT NON-FERROUS METAL PRICES Change compared with 2006*: Én Energy + 20% Telecom + 8% Electrical wires – 37% * At current exchange rates and scope of consolidation.66%2007 SALES BY GEOGRAPHICAL AREA BY ORIGIN AT CONSTANT NON-FERROUS METAL PRICES65%2007 OPERATING MARGIN BY GEOGRAPHICAL AREA AT CONSTANT NON-FERROUS METAL PRICES Change compared with 2006: Europe + 78% North America + 23% Asia-Pacific + 163% Rest of the World – 15% Note: Operating margin on unallocated operations = –14 million eurosChange compared with 2006*: Europe + 6% North America – 18% Asia-Pacific + 106% Rest of the World + 13%165 120174 1,2781,5891,758 633+5.5%+10.6%374 290-54.2%050607050607050607MANUFACTURING CAPITAL EXPENDITURES In millions of euros The amount of the Group’s expenditures was in line with the plan announced at the beginning of 2007. The largest portion of planned expenditures was allocated to energy infrastructure operations (40%), where demand is very high; the Group’s next biggest area for expenditures was industry (22%).TOTAL EQUITY In millions of euros Total equity rose in line with the increase in income over the year (197 million euros). The Group’s significant equity and its considerably lower net debt enabled the Group to lower its net debt/total equity ratio, which stood at a solid 16% (compared with 40% in 2006).11NET DEBT In millions of euros The Group cut its net debt in half over 2007 (down to 290 million euros) compared with 633 million euros in 2006. These positive results can be attributed to considerably higher cash flow from operations along with successful initiatives taken to lower working capital requirement]]></basicChars>
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	<page id="14">
		<raw><![CDATA[THE NEXANS SHARENEXANS IS LISTED ON EURONEXT PARIS (COMPARTMENT A)• Deferred settlement service • ISIN Code: FR0000044448 • Par value: 1 euroAVERAGE DAILY TRADING VOLUME236,127 shares in 2007INDEXES• SBF 120: 0.18% of the index as of December 31, 2007 • CACMid 100: 2.24% of the index as of December 31, 2007MARKET CAPITALIZATION2,196 million euros as of December 31, 2007NEXANS’ SHARE PRICE FROM JANUARY 1, 2007 TO FEBRUARY 22, 20081,200,000 1,000,000 800,000 600,000 400,000 200,000 029/12/06 27/02/07 13/04/07 05/06/07 16/08/07 15/10/07 20/12/07- 150 - 120 - 90 - 60 - 30 -0 Share price in euros Volume of traded securities22/02/08Traded volumesSTOCK MARKET DATA (THROUGH 12/31/2007)Share price in euros (except ratios) 2007 2006 2005Highest Lowest Year closing price Change over the year Change in the SBF 120 over the year Market capitalization as of December 31(1) Average daily trading volume(2) Number of issued shares as of December 31 Share turnover (3)(1) In millions of euros. (2) In number of shares. (3) Daily average over the year.131.71 82.69 85.5 – 11.9% + 0.3% 2,195.5 236,127 25,678,355 0.92%97 39.75 97 +141.7% +19.1% 2,450.70 153,335 25,264,955 0.65%41.44 28.91 40.13 + 38.7% + 25.2% 943.35 104,831 23,507,322 0.49%]]></raw>
		<basicChars><![CDATA[THE NEXANS SHARENEXANS IS LISTED ON EURONEXT PARIS (COMPARTMENT A)• Deferred settlement service • ISIN Code: FR0000044448 • Par value: 1 euroAVERAGE DAILY TRADING VOLUME236,127 shares in 2007INDEXES• SBF 120: 0.18% of the index as of December 31, 2007 • CACMid 100: 2.24% of the index as of December 31, 2007MARKET CAPITALIZATION2,196 million euros as of December 31, 2007NEXANS’ SHARE PRICE FROM JANUARY 1, 2007 TO FEBRUARY 22, 20081,200,000 1,000,000 800,000 600,000 400,000 200,000 029/12/06 27/02/07 13/04/07 05/06/07 16/08/07 15/10/07 20/12/07- 150 - 120 - 90 - 60 - 30 -0 Share price in euros Volume of traded securities22/02/08Traded volumesSTOCK MARKET DATA (THROUGH 12/31/2007)Share price in euros (except ratios) 2007 2006 2005Highest Lowest Year closing price Change over the year Change in the SBF 120 over the year Market capitalization as of December 31(1) Average daily trading volume(2) Number of issued shares as of December 31 Share turnover (3)(1) In millions of euros. (2) In number of shares. (3) Daily average over the year.131.71 82.69 85.5 – 11.9% + 0.3% 2,195.5 236,127 25,678,355 0.92%97 39.75 97 +141.7% +19.1% 2,450.70 153,335 25,264,955 0.65%41.44 28.91 40.13 + 38.7% + 25.2% 943.35 104,831 23,507,322 0.49%]]></basicChars>
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	<page id="15">
		<raw><![CDATA[2.00 7.73 1.20 1.0010.257.41 * +93%ESTIMATED OWNERSHIP STRUCTURE AS OF DECEMBER 31, 2007• Total number of shares: 25,678,355 • Total number of voting rights: 25,899,075 • Estimated number of shareholders: approximately 50,000 Share capital+67%050607*050607Institutional shareholders France Institutional shareholders United Kingdom and Ireland Other institutional shareholders Europe Institutional shareholders United States Institutional shareholders Rest of the World Employee shareholders18.9 % 15.4 % 12.9 % 35.1 % 1.6 % 1.0 % 11.3 % 3.8 %NET DIVIDEND In euros* Proposed to the Annual Shareholders’ Meeting on April 22, 2008, for distribution on April 29, 2008.EARNINGS PER SHARE In euros* Excluding extraordinary capital gains in 2006.CHANGES IN CAPITAL IN 2007Share capital Number of shares as of December 31, 2006 Cancelled shares New shares issued* Number of shares as of December 31, 2007 Stock options OCEANE bonds Number of fully diluted shares as of December 31, 2007 25,264,955 – 413,400 25,678,355 1,070,250 3,794,037 30,542,642Individual shareholders Non-identified shareholdersShares registered in the name of the same holder for at least two years carry double voting rights. A shareholder’s voting rights are limited to 8% in the case of single voting rights and 16% in the case of double voting rights of the voting rights attached to shares present or represented when voting on resolutions at an Annual Shareholders’ Meeting.Average number of shares in 2007 used to calculate: - Basic EPS - Fully-diluted EPS* Breakdown of new shares issued: exercise of options.25,553,906 29,895,603PER SHARE DATAIn euros (except ratios) 2007 2006 2005(1)Net assets(2) EPS(3) (4)67.0 7.41 6.67 11.5(6) (5)61.3 10.25 8.93 9.5 1.20 1.2%51.1 7.73 6.63 5.2 1.0 2.5%Diluted EPS PER(5)Net dividend2.00 2.3%Dividend yield(1) IFRS data, restated for the change relating to the recognition of non-ferrous metal inventories. (2) Equity excluding minority interest divided by the number of shares outstanding on December 31. (3) Based on the weighted average number of shares outstanding. (4) Earnings per share if all convertible securities (warrants, convertible bonds, stock options, and rights) are exchanged for common shares, which would increase the number of shares and consequently reduce net earnings per share. (5) Based on the December 31 share price. (6) 2007 dividend proposed to the Annual Shareholders’ Meeting on April 22, 2008.]]></raw>
		<basicChars><![CDATA[2.00 7.73 1.20 1.0010.257.41 * +93%ESTIMATED OWNERSHIP STRUCTURE AS OF DECEMBER 31, 2007• Total number of shares: 25,678,355 • Total number of voting rights: 25,899,075 • Estimated number of shareholders: approximately 50,000 Share capital+67%050607*050607Institutional shareholders France Institutional shareholders United Kingdom and Ireland Other institutional shareholders Europe Institutional shareholders United States Institutional shareholders Rest of the World Employee shareholders18.9 % 15.4 % 12.9 % 35.1 % 1.6 % 1.0 % 11.3 % 3.8 %NET DIVIDEND In euros* Proposed to the Annual Shareholders’ Meeting on April 22, 2008, for distribution on April 29, 2008.EARNINGS PER SHARE In euros* Excluding extraordinary capital gains in 2006.CHANGES IN CAPITAL IN 2007Share capital Number of shares as of December 31, 2006 Cancelled shares New shares issued* Number of shares as of December 31, 2007 Stock options OCEANE bonds Number of fully diluted shares as of December 31, 2007 25,264,955 – 413,400 25,678,355 1,070,250 3,794,037 30,542,642Individual shareholders Non-identified shareholdersShares registered in the name of the same holder for at least two years carry double voting rights. A shareholder’s voting rights are limited to 8% in the case of single voting rights and 16% in the case of double voting rights of the voting rights attached to shares present or represented when voting on resolutions at an Annual Shareholders’ Meeting.Average number of shares in 2007 used to calculate: - Basic EPS - Fully-diluted EPS* Breakdown of new shares issued: exercise of options.25,553,906 29,895,603PER SHARE DATAIn euros (except ratios) 2007 2006 2005(1)Net assets(2) EPS(3) (4)67.0 7.41 6.67 11.5(6) (5)61.3 10.25 8.93 9.5 1.20 1.2%51.1 7.73 6.63 5.2 1.0 2.5%Diluted EPS PER(5)Net dividend2.00 2.3%Dividend yield(1) IFRS data, restated for the change relating to the recognition of non-ferrous metal inventories. (2) Equity excluding minority interest divided by the number of shares outstanding on December 31. (3) Based on the weighted average number of shares outstanding. (4) Earnings per share if all convertible securities (warrants, convertible bonds, stock options, and rights) are exchanged for common shares, which would increase the number of shares and consequently reduce net earnings per share. (5) Based on the December 31 share price. (6) 2007 dividend proposed to the Annual Shareholders’ Meeting on April 22, 2008.]]></basicChars>
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		<raw><![CDATA[SHAREHOLDER INFORMATIONACTIVE DIALOGUE WITH OUR SHAREHOLDERSNexans strives to earn the loyalty of its shareholders by consistently improving its performance, so that its share price climbs and the Group can continue to increase its dividend. Nexans is also concerned with good corporate governance, and provides its investors with faithful, transparent information, while putting all its efforts into keeping its commitments. Registered shares are not subject to safe custody fees, and may receive double voting rights after two years. They also allow the shareholder to receive invitations to the Group’s shareholder meetings and a personal mailing of information about the Company. Investors wishing to purchase pure registered shares should contact their financial intermediary, who will then obtain the necessary registration documents from Société Générale.A WIDE RANGE OF FINANCIAL INFORMATIONNexans strives to earn the trust of its shareholders, and provides regular, complete, and transparent information using a variety of means for different shareholder needs. The Group publishes an Annual Report-Registration Document, a shorter version, the Activity Report, and three Shareholders’ Newsletters. All Nexans’ shareholder information is available on the Group website, www.nexans.com, with a Shareholder’s Corner under “Financial Information” on the home page. For a quick response to questions, contact us or send an e-mail to investor.relation@nexans.com.FINANCIAL CALENDARAnnual Shareholders’ Meeting Publication of 2008 first quarter sales Payment of the dividend Individual shareholders’ information meetings* April 3, 2008 June 5, 2008 September 30, 2008 November 24, 2008* These dates are subject to changeApril 22, 2008 April 22, 2008 April 29, 2008 Saint-Étienne Lille Nice ReimsDIRECT DIALOGUEThe Group gave five presentations for shareholders in Marseille, Clermont-Ferrand, Lille, Strasbourg, and Bordeaux, and for the first time organized a seminar on cables in Paris that was extremely well-received. Shareholders only have to own one share to become a member of the Shareholders’ Club and receive personalized information and invitations to special events. Nexans’ senior managers also held meetings with analysts and investors.SHAREHOLDERS’ CONTACTInvestor Relations Department Nexans – 16, rue de Monceau 75008 Paris Tel.: +33 (0)1 56 69 84 56 Fax: +33 (0)1 56 69 86 40 E-mail: investor.relation@nexans.com Our financial information is also available on the Group’s website: www.nexans.comSECURITIES SERVICESNexans’ securities services are provided by Société Générale, 32, rue du Champ de Tir14BP 81236 - 44312 Nantes Cedex 3 Tel.: +33 (0) 825 820 000 - Fax: +33 (0) 2 51 85 53 ]]></raw>
		<basicChars><![CDATA[SHAREHOLDER INFORMATIONACTIVE DIALOGUE WITH OUR SHAREHOLDERSNexans strives to earn the loyalty of its shareholders by consistently improving its performance, so that its share price climbs and the Group can continue to increase its dividend. Nexans is also concerned with good corporate governance, and provides its investors with faithful, transparent information, while putting all its efforts into keeping its commitments. Registered shares are not subject to safe custody fees, and may receive double voting rights after two years. They also allow the shareholder to receive invitations to the Group’s shareholder meetings and a personal mailing of information about the Company. Investors wishing to purchase pure registered shares should contact their financial intermediary, who will then obtain the necessary registration documents from Société Générale.A WIDE RANGE OF FINANCIAL INFORMATIONNexans strives to earn the trust of its shareholders, and provides regular, complete, and transparent information using a variety of means for different shareholder needs. The Group publishes an Annual Report-Registration Document, a shorter version, the Activity Report, and three Shareholders’ Newsletters. All Nexans’ shareholder information is available on the Group website, www.nexans.com, with a Shareholder’s Corner under “Financial Information” on the home page. For a quick response to questions, contact us or send an e-mail to investor.relation@nexans.com.FINANCIAL CALENDARAnnual Shareholders’ Meeting Publication of 2008 first quarter sales Payment of the dividend Individual shareholders’ information meetings* April 3, 2008 June 5, 2008 September 30, 2008 November 24, 2008* These dates are subject to changeApril 22, 2008 April 22, 2008 April 29, 2008 Saint-Étienne Lille Nice ReimsDIRECT DIALOGUEThe Group gave five presentations for shareholders in Marseille, Clermont-Ferrand, Lille, Strasbourg, and Bordeaux, and for the first time organized a seminar on cables in Paris that was extremely well-received. Shareholders only have to own one share to become a member of the Shareholders’ Club and receive personalized information and invitations to special events. Nexans’ senior managers also held meetings with analysts and investors.SHAREHOLDERS’ CONTACTInvestor Relations Department Nexans – 16, rue de Monceau 75008 Paris Tel.: +33 (0)1 56 69 84 56 Fax: +33 (0)1 56 69 86 40 E-mail: investor.relation@nexans.com Our financial information is also available on the Group’s website: www.nexans.comSECURITIES SERVICESNexans’ securities services are provided by Société Générale, 32, rue du Champ de Tir14BP 81236 - 44312 Nantes Cedex 3 Tel.: +33 (0) 825 820 000 - Fax: +33 (0) 2 51 85 53 ]]></basicChars>
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		<raw><![CDATA[STRATEGY GOALS FOR 2009To boost our development, To become more profitable, more resilient, more focused, and more efficient thanks to increased synergies... ...with energy as the basis of our development.]]></raw>
		<basicChars><![CDATA[STRATEGY GOALS FOR 2009To boost our development, To become more profitable, more resilient, more focused, and more efficient thanks to increased synergies... ...with energy as the basis of our development.]]></basicChars>
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	<page id="18">
		<raw><![CDATA[STRATEGY: GOALS FOR 2009TARGETS FOR 2009 IN FIGURESAverage annual organic growth of 6% (1) Operating margin of between 7 and 10%, depending on the economic environment Positive net cash flow starting from 2008 (2) 30% of earnings from operations paid out in dividends (i.e. net income, Group share excluding non-recurring items)4 CORE ACTIVITIES: ENERGYINFRASTRUCTURE, INDUSTRY, BUILDING, AND LOCAL AREA NETWORKS (LAN)*Nexans has established solid positions in these activities, which offer strong business, technical and operating synergies, and function in accordance with different business cycles. The Group has significant competitive advantages in terms of technology and innovation.The Energy infrastructure market Nexans is working to strengthen its leadership position in power networks, which offer unprecedented prospects for expansion in every area of the world, by enriching its product range, entering new profitable regional markets, and improving its customerfocused culture. The Industry market Nexans plans to increase its positions into profitable, high-growth energy and transport-related market segments in which it can differentiate itself from its competitors. These market segments include oil et gas, nuclear power, railway rolling stock, shipbuilding, material handling, automobiles, aerospace, electronics and robotics.The Building market The building activity allows Nexans to remain solidly established in local markets. Nexans plans to enrich its offering in this market by focusing on high-end products, whose added value is clearly acknowledged by customers. The Local Area Networks market (LAN)* Nexans develops products and services based on high value-added systems combining cables, connectors, administration and security.1 COMPLEMENTARY ACTIVITY:TELECOM INFRASTRUCTUREThis activity completes the Group’s offering. To ensure profitability, only specific niches are being targeted.The Telecom infrastructure market Nexans focuses on high-performing solutions: xDSL applications (high-speed data transfer through copper cables in public switched telephone networks); and systems to deploy Fiber-to-the-Home (FTTH), which allow for internet connection speeds of up to 100 Mbit/s.16(1) Organic growth for the cable businesses, and after changes in scope (disposal of cable harnesses and copper telecom infrastructure cables in Spain, and acquisition of Madeco). (2) Change in net debt. * LANs are communication systems that can link PCs and peripheral devices that are located within a few kilometers of each othe]]></raw>
		<basicChars><![CDATA[STRATEGY: GOALS FOR 2009TARGETS FOR 2009 IN FIGURESAverage annual organic growth of 6% (1) Operating margin of between 7 and 10%, depending on the economic environment Positive net cash flow starting from 2008 (2) 30% of earnings from operations paid out in dividends (i.e. net income, Group share excluding non-recurring items)4 CORE ACTIVITIES: ENERGYINFRASTRUCTURE, INDUSTRY, BUILDING, AND LOCAL AREA NETWORKS (LAN)*Nexans has established solid positions in these activities, which offer strong business, technical and operating synergies, and function in accordance with different business cycles. The Group has significant competitive advantages in terms of technology and innovation.The Energy infrastructure market Nexans is working to strengthen its leadership position in power networks, which offer unprecedented prospects for expansion in every area of the world, by enriching its product range, entering new profitable regional markets, and improving its customerfocused culture. The Industry market Nexans plans to increase its positions into profitable, high-growth energy and transport-related market segments in which it can differentiate itself from its competitors. These market segments include oil et gas, nuclear power, railway rolling stock, shipbuilding, material handling, automobiles, aerospace, electronics and robotics.The Building market The building activity allows Nexans to remain solidly established in local markets. Nexans plans to enrich its offering in this market by focusing on high-end products, whose added value is clearly acknowledged by customers. The Local Area Networks market (LAN)* Nexans develops products and services based on high value-added systems combining cables, connectors, administration and security.1 COMPLEMENTARY ACTIVITY:TELECOM INFRASTRUCTUREThis activity completes the Group’s offering. To ensure profitability, only specific niches are being targeted.The Telecom infrastructure market Nexans focuses on high-performing solutions: xDSL applications (high-speed data transfer through copper cables in public switched telephone networks); and systems to deploy Fiber-to-the-Home (FTTH), which allow for internet connection speeds of up to 100 Mbit/s.16(1) Organic growth for the cable businesses, and after changes in scope (disposal of cable harnesses and copper telecom infrastructure cables in Spain, and acquisition of Madeco). (2) Change in net debt. * LANs are communication systems that can link PCs and peripheral devices that are located within a few kilometers of each othe]]></basicChars>
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	<page id="19">
		<raw><![CDATA[2 ACTIVITIES FOCUSEDON INTERNAL NEEDS: ELECTRICAL WIRES AND WIRERODSNexans’ electrical wires and wirerod activities allow Nexans to ensure high-quality supplies. However, these activities tie up sizeable capital, which is not fully offset by margins on sales to outside customers. Consequently, the Group is scaling back these activities to focus on internal needs.5 GROWTH-ORIENTED AREASNexans is constantly developing and strengthening its geographical presence by focusing on high-growth countries and on promising activities and markets within each Area.Europe Nexans has advanced manufacturing capacity in Europe and is continuing to make selective capital investments, for example, in Norway (high-voltage submarine cables and umbilicals), Germany (power accessories), and Eastern Europe (special cables for various industries). North America Nexans is adding capacity to keep in step with major development and interconnection projects involving power transmission and distribution networks, and is investing to satisfy demand for the roll out of 10 Gbit Local Area Networks. Asia-Pacific In this Area, Nexans focuses on high-tech and value added products. The Group has built up solid, successful business positions in Australia, Japan, China, Korea and Vietnam. It plans to continue strengthening capacity in these countries. Rest of the World Nexans has successfully steered the focus of its business units towards energy infrastructure and industrial applications. The Group is adding to production facilities in Turkey, Morocco and Brazil and is expanding positions in Russia and the Middle East. South America Once the Madeco transaction is completed, Nexans will be the leading cable manufacturer in South America, which will allow the Group to constitute a new development Area.2 ACTIVITIES EARMARKED FOR SALE:CABLE HARNESSES AND COPPER TELECOM CABLES IN SPAINAs part of its decision to manage business more pro-actively, Nexans is exploring opportunities for selling its non-core cable harnesses and copper telecom cable activities in Spain, whose market positions prevent them from achieving critical mass.3 PRIORITIES TO ENSURE TARGETSARE REACHEDNexans is enriching its products’ offering, expanding into new profitable regional markets, and strengthening its customer-focused culture to better satisfy clients expectations and provide them with complete solutions.]]></raw>
		<basicChars><![CDATA[2 ACTIVITIES FOCUSEDON INTERNAL NEEDS: ELECTRICAL WIRES AND WIRERODSNexans’ electrical wires and wirerod activities allow Nexans to ensure high-quality supplies. However, these activities tie up sizeable capital, which is not fully offset by margins on sales to outside customers. Consequently, the Group is scaling back these activities to focus on internal needs.5 GROWTH-ORIENTED AREASNexans is constantly developing and strengthening its geographical presence by focusing on high-growth countries and on promising activities and markets within each Area.Europe Nexans has advanced manufacturing capacity in Europe and is continuing to make selective capital investments, for example, in Norway (high-voltage submarine cables and umbilicals), Germany (power accessories), and Eastern Europe (special cables for various industries). North America Nexans is adding capacity to keep in step with major development and interconnection projects involving power transmission and distribution networks, and is investing to satisfy demand for the roll out of 10 Gbit Local Area Networks. Asia-Pacific In this Area, Nexans focuses on high-tech and value added products. The Group has built up solid, successful business positions in Australia, Japan, China, Korea and Vietnam. It plans to continue strengthening capacity in these countries. Rest of the World Nexans has successfully steered the focus of its business units towards energy infrastructure and industrial applications. The Group is adding to production facilities in Turkey, Morocco and Brazil and is expanding positions in Russia and the Middle East. South America Once the Madeco transaction is completed, Nexans will be the leading cable manufacturer in South America, which will allow the Group to constitute a new development Area.2 ACTIVITIES EARMARKED FOR SALE:CABLE HARNESSES AND COPPER TELECOM CABLES IN SPAINAs part of its decision to manage business more pro-actively, Nexans is exploring opportunities for selling its non-core cable harnesses and copper telecom cable activities in Spain, whose market positions prevent them from achieving critical mass.3 PRIORITIES TO ENSURE TARGETSARE REACHEDNexans is enriching its products’ offering, expanding into new profitable regional markets, and strengthening its customer-focused culture to better satisfy clients expectations and provide them with complete solutions.]]></basicChars>
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	<page id="20">
		<raw><![CDATA[STRATEGY: GOALS FOR 200905 10 01 06 07 02 11 08 09 16 13 12 15 14 1703 18042007: STRATEGY IN ACTIONCapital expenditure: 174 million eurosCANADA Strong margins earned in the building activity. Disposal of winding wire businesses. Wirerod production cut by one-third. FRANCE Capital investments in the production of cables for the Airbus A380 and A350 aircraft. LEBANON Production expanded to encompass instrumentation cables for the oil and gas industry.0107 0813STATES 02 UNITEDproduction of aerospace Increased cables. Broadened range of cables for the building market. Acquisition of The Valley Group, the world expert in thermal rating systems for overhead lines. BRAZIL Start-up of production of insulated energy copper cables and instrumentation cables for industrial applications.ITALY Production of low-voltage, medium-voltage and special cables split between different production sites.KOREA Increased specialization at each production site.14 150309 TURKEY stepped up in the manufacturing Production of cables for the oil and gas industry. Development of LAN business, in particular for the UK market.RUSSIA Creation of a cable production plant to serve the energy infrastructure market segment. Start-up scheduled for 2008.VIETNAM Started production of power and industrial cables in Hanoi. Currently reorganizing cable production for telecom networks. CHINA Doubled capacity for manufacturing industrial cables in Shanghai. New telecom cable production plant set up in Nanning. Disposal of winding wire businesses.1610CHILE Agreement signed for the acquisition of Madeco’s cables business, which will be slotted into Nexans this year. Madeco is the leading cable manufacturer in South America.04NORWAY Increased manufacturing capacity for the production of submarine cables and umbilicals.05 06MOROCCO Planned start-up of production capacities for aerospace cables, to meet demand from locally based integrators.11JAPAN Started production of submarine cables in association with Viscas.17 181812EGYPT Start-up of high-voltage cable production.AUSTRALIA Currently increasing production capacity for high-voltage terrestrial cables.BELGIUM Production capacity increase planned for high-voltage terrestrial cable]]></raw>
		<basicChars><![CDATA[STRATEGY: GOALS FOR 200905 10 01 06 07 02 11 08 09 16 13 12 15 14 1703 18042007: STRATEGY IN ACTIONCapital expenditure: 174 million eurosCANADA Strong margins earned in the building activity. Disposal of winding wire businesses. Wirerod production cut by one-third. FRANCE Capital investments in the production of cables for the Airbus A380 and A350 aircraft. LEBANON Production expanded to encompass instrumentation cables for the oil and gas industry.0107 0813STATES 02 UNITEDproduction of aerospace Increased cables. Broadened range of cables for the building market. Acquisition of The Valley Group, the world expert in thermal rating systems for overhead lines. BRAZIL Start-up of production of insulated energy copper cables and instrumentation cables for industrial applications.ITALY Production of low-voltage, medium-voltage and special cables split between different production sites.KOREA Increased specialization at each production site.14 150309 TURKEY stepped up in the manufacturing Production of cables for the oil and gas industry. Development of LAN business, in particular for the UK market.RUSSIA Creation of a cable production plant to serve the energy infrastructure market segment. Start-up scheduled for 2008.VIETNAM Started production of power and industrial cables in Hanoi. Currently reorganizing cable production for telecom networks. CHINA Doubled capacity for manufacturing industrial cables in Shanghai. New telecom cable production plant set up in Nanning. Disposal of winding wire businesses.1610CHILE Agreement signed for the acquisition of Madeco’s cables business, which will be slotted into Nexans this year. Madeco is the leading cable manufacturer in South America.04NORWAY Increased manufacturing capacity for the production of submarine cables and umbilicals.05 06MOROCCO Planned start-up of production capacities for aerospace cables, to meet demand from locally based integrators.11JAPAN Started production of submarine cables in association with Viscas.17 181812EGYPT Start-up of high-voltage cable production.AUSTRALIA Currently increasing production capacity for high-voltage terrestrial cables.BELGIUM Production capacity increase planned for high-voltage terrestrial cable]]></basicChars>
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	<page id="21">
		<raw><![CDATA[2007 RESULTSENERGY CABLES • 78.5% OF GROUP SALES (UP 12.1% FROM 2006) • 89.2% OF GROUP OPERATING MARGINPositions As the leading global manufacturer of power cables, Nexans holds solid positions in energy infrastructure markets in Europe, North America and the Asia-Pacific region. Worldwide, it is the leading supplier of cables for the shipbuilding, railway rolling stock and petrochemical industries. 2007 results • Sales from the energy business rose 12.1% to 3.78 billion euros. Organic growth came in at 10.2% in energy infrastructure, 17.5% in industrial cables and 10.4% in low-voltage cables for buildings. • Operating margin totaled 365 million euros, or 9.7% of sales. Trends • The outlook for the energy infrastructure market segment worldwide is excellent, due to the need for network reliability, modernization, development, and interconnection. High-voltage submarine cables will be a major growth driver as large-scale projects get underway. Oil et gas is one of the most dynamic industries in the global economy at the present time. Energy needs and environmental constraints are fuelling demand for renewable energy sources. Across all these fields, Nexans has ensured a technological head start and is already testing out tomorrow’s solutions, such as superconductor cables. • In the industry market, Nexans provides advanced solutions for automobiles, aerospace, robotics, shipbuilding and material handling. The Group plans to dispose of its cable harness business, the profile of which does not overlap with other core activities. • In the building market, Nexans has anticipated the upcoming changes in EU standards, supplying high-performing fire-resistant and fire-reaction cables. 2007 results PositionsBY BUSINESS*TELECOM CABLES • 11% OF GROUP SALES (UP 12% FROM 2006) • 12.2% OF GROUP OPERATING MARGINNexans is extremely well-positioned in the supply of telecom cables in Europe and LAN cables in the United States. The Group is focusing expansion on high-growth Asian markets (China, Korea, and Vietnam). Thanks to its highly effective solutions for high-bandwidth transmission and connectivity, the Group also has strong positions in local loop, ADSL, and xDSL technologies.• Sales of telecom cables rose 12% like-for like (constant scope and exchange rates) to 529 million euros. Despite slow market growth worldwide, Nexans’ business was fueled by enhanced customer investments in railway infrastructure and high-speed LAN cables. Organic growth reached 9.9% in telecom infrastructure and 13.9% in Local Area Networks through the Group’s offering of high valueadded cabling systems. • Operating margin totaled 49 million euros, or 9.3% of sales.19* The sales figures given in this section have been calculated at constant metal prices, scope and exchange rates. Operating margin has been calculated on the basis of sales at constant non-ferrous metal price]]></raw>
		<basicChars><![CDATA[2007 RESULTSENERGY CABLES • 78.5% OF GROUP SALES (UP 12.1% FROM 2006) • 89.2% OF GROUP OPERATING MARGINPositions As the leading global manufacturer of power cables, Nexans holds solid positions in energy infrastructure markets in Europe, North America and the Asia-Pacific region. Worldwide, it is the leading supplier of cables for the shipbuilding, railway rolling stock and petrochemical industries. 2007 results • Sales from the energy business rose 12.1% to 3.78 billion euros. Organic growth came in at 10.2% in energy infrastructure, 17.5% in industrial cables and 10.4% in low-voltage cables for buildings. • Operating margin totaled 365 million euros, or 9.7% of sales. Trends • The outlook for the energy infrastructure market segment worldwide is excellent, due to the need for network reliability, modernization, development, and interconnection. High-voltage submarine cables will be a major growth driver as large-scale projects get underway. Oil et gas is one of the most dynamic industries in the global economy at the present time. Energy needs and environmental constraints are fuelling demand for renewable energy sources. Across all these fields, Nexans has ensured a technological head start and is already testing out tomorrow’s solutions, such as superconductor cables. • In the industry market, Nexans provides advanced solutions for automobiles, aerospace, robotics, shipbuilding and material handling. The Group plans to dispose of its cable harness business, the profile of which does not overlap with other core activities. • In the building market, Nexans has anticipated the upcoming changes in EU standards, supplying high-performing fire-resistant and fire-reaction cables. 2007 results PositionsBY BUSINESS*TELECOM CABLES • 11% OF GROUP SALES (UP 12% FROM 2006) • 12.2% OF GROUP OPERATING MARGINNexans is extremely well-positioned in the supply of telecom cables in Europe and LAN cables in the United States. The Group is focusing expansion on high-growth Asian markets (China, Korea, and Vietnam). Thanks to its highly effective solutions for high-bandwidth transmission and connectivity, the Group also has strong positions in local loop, ADSL, and xDSL technologies.• Sales of telecom cables rose 12% like-for like (constant scope and exchange rates) to 529 million euros. Despite slow market growth worldwide, Nexans’ business was fueled by enhanced customer investments in railway infrastructure and high-speed LAN cables. Organic growth reached 9.9% in telecom infrastructure and 13.9% in Local Area Networks through the Group’s offering of high valueadded cabling systems. • Operating margin totaled 49 million euros, or 9.3% of sales.19* The sales figures given in this section have been calculated at constant metal prices, scope and exchange rates. Operating margin has been calculated on the basis of sales at constant non-ferrous metal price]]></basicChars>
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	<page id="22">
		<raw><![CDATA[2007 RESULTS BY BUSINESSTrends In the telecom business, Nexans is continuing to implement a selective strategy focused on promoting high-performing solutions. • The booming market for high-speed internet access has prompted operators to invest in xDSL networks, which allow to meet users’ growing needs for extra bandwidth. Companies’ demand for higher bandwidth shows no signs of abating, and numbers of cable subscribers continue to rise steadily. • Growth drivers for Nexans going forward include unbundling, Local Area Network expansion, second lines in European households for internet access, and telecom infrastructure deployment in developing countries. The Group is a member of the FTTH Council Europe, which lobbies to speed up the deployment of high-speed optical fiber access across Europe, and has developed a full range of cables, connectors and patchcords complying with future standards. Despite having a leading edge in terms of technology, Nexans lacks the scale to remain competitive in copper telecom infrastructure.2007 results • Sales from the electrical wires business dropped by 32.8% likefor-like (constant scope and exchange rates) to 502 million euros. In organic terms, sales of wirerods declined by 38.1% after the Group made a deliberate decision to cut volumes sold to outside customers (down 45% on average, in tons). Sales of bare electrical wires fell 13.7% on an organic basis with more marked declines in France and Germany. • Under the terms of previous agreements, the winding wires businesses in Canada and China were sold to US firm Superior Essex in late April and late July respectively last year. These disposals concerned the Simcoe site in Canada and the 80% holding in Nexans Tianjin Magnet Wires and Cables, in China. Nexans also completed the sale of winding wire activities in Europe in June last year through the sale of its remaining 40% stake in Essex Nexans to Superior Essex. • Operating margin for electrical wires totaled 8.5 million, or 1.7% of sales.ELECTRICAL WIRES • 10.4% OF GROUP SALES (DOWN 32.8% FROM 2006) • OPERATING MARGIN OF 8.5 MILLION EUROSNexans manufactures wirerods, the cable industry’s base product. A large portion of goods produced are purchased by other business units within the Group as a way of guaranteeing a high-quality supply. Nexans has started refocusing the electrical wires business on its own needs. Winding wires are used as magnetic parts in engines, household appliances, cars, etc., and are sold mainly to parts suppliers in the automobile, railway, and aerospace industries. Nexans completed the disposal of this business during 2007.Trends Nexans plans to continue refocusing these business activities on its own requirements and will halt deliveries of wirerods to external customers in Europe.]]></raw>
		<basicChars><![CDATA[2007 RESULTS BY BUSINESSTrends In the telecom business, Nexans is continuing to implement a selective strategy focused on promoting high-performing solutions. • The booming market for high-speed internet access has prompted operators to invest in xDSL networks, which allow to meet users’ growing needs for extra bandwidth. Companies’ demand for higher bandwidth shows no signs of abating, and numbers of cable subscribers continue to rise steadily. • Growth drivers for Nexans going forward include unbundling, Local Area Network expansion, second lines in European households for internet access, and telecom infrastructure deployment in developing countries. The Group is a member of the FTTH Council Europe, which lobbies to speed up the deployment of high-speed optical fiber access across Europe, and has developed a full range of cables, connectors and patchcords complying with future standards. Despite having a leading edge in terms of technology, Nexans lacks the scale to remain competitive in copper telecom infrastructure.2007 results • Sales from the electrical wires business dropped by 32.8% likefor-like (constant scope and exchange rates) to 502 million euros. In organic terms, sales of wirerods declined by 38.1% after the Group made a deliberate decision to cut volumes sold to outside customers (down 45% on average, in tons). Sales of bare electrical wires fell 13.7% on an organic basis with more marked declines in France and Germany. • Under the terms of previous agreements, the winding wires businesses in Canada and China were sold to US firm Superior Essex in late April and late July respectively last year. These disposals concerned the Simcoe site in Canada and the 80% holding in Nexans Tianjin Magnet Wires and Cables, in China. Nexans also completed the sale of winding wire activities in Europe in June last year through the sale of its remaining 40% stake in Essex Nexans to Superior Essex. • Operating margin for electrical wires totaled 8.5 million, or 1.7% of sales.ELECTRICAL WIRES • 10.4% OF GROUP SALES (DOWN 32.8% FROM 2006) • OPERATING MARGIN OF 8.5 MILLION EUROSNexans manufactures wirerods, the cable industry’s base product. A large portion of goods produced are purchased by other business units within the Group as a way of guaranteeing a high-quality supply. Nexans has started refocusing the electrical wires business on its own needs. Winding wires are used as magnetic parts in engines, household appliances, cars, etc., and are sold mainly to parts suppliers in the automobile, railway, and aerospace industries. Nexans completed the disposal of this business during 2007.Trends Nexans plans to continue refocusing these business activities on its own requirements and will halt deliveries of wirerods to external customers in Europe.]]></basicChars>
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	<page id="23">
		<raw><![CDATA[ACTIVITIES * IN 2007Against a backdrop of stronger competition and further increases in raw materials and energy prices, Nexans consolidated its global leadership position in the cable industry and boosted its operating and financial performance. The Group reinforced its manufacturing capacities, continued to post very robust growth in the energy infrastructure sector and enhanced its positions in the industry market, in particular in the oil and gas, aerospace and material handling industries. Nexans also successfully integrated Olex, Australia’s leading cable manufacturer, and announced the acquisition in 2008 of the cable activities of Madeco, the leading cable manufacturer in South America. These acquisitions should further strengthen the Group’s positions in high growth regions.OUR21*For comparison purposes, the sales figures given in this section have been calculated at constant metal prices, scope, exchange rates and accounting method]]></raw>
		<basicChars><![CDATA[ACTIVITIES * IN 2007Against a backdrop of stronger competition and further increases in raw materials and energy prices, Nexans consolidated its global leadership position in the cable industry and boosted its operating and financial performance. The Group reinforced its manufacturing capacities, continued to post very robust growth in the energy infrastructure sector and enhanced its positions in the industry market, in particular in the oil and gas, aerospace and material handling industries. Nexans also successfully integrated Olex, Australia’s leading cable manufacturer, and announced the acquisition in 2008 of the cable activities of Madeco, the leading cable manufacturer in South America. These acquisitions should further strengthen the Group’s positions in high growth regions.OUR21*For comparison purposes, the sales figures given in this section have been calculated at constant metal prices, scope, exchange rates and accounting method]]></basicChars>
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	<page id="24">
		<raw><![CDATA[OUR ACTIVITIES IN 2007EUROPE15, 184EMPLOYEES PLANTS IN COUNTRIES*A VERY GOOD YEAR FOR BOTH SALES AND EARNINGS IN ALL MARKETSSALES:1 73, M€ 215(UP 7.2% ON 2006)OPERATING MARGIN:265M€* AUSTRIA, THE BALTIC STATES, BELGIUM, BULGARIA, CROATIA, THE CZECH REPUBLIC, DENMARK, FINLAND, FRANCE, GERMANY, GREECE, HUNGARY, IRELAND, ITALY, THE NETHERLANDS, NORWAY, POLAND, PORTUGAL, ROMANIA, SERBIA, SLOVAKIA, SLOVENIA, SPAIN, SWEDEN, SWITZERLAND, THE UNITED KINGDOM.A FAVORABLE ENVIRONMENTNexans enjoyed generally favorable economic conditions on the domestic and export markets alike. The Group is benefiting from the development of power networks. Demand for submarine cables and umbilicals was driven up sharply by large interconnection projects and dynamic oil, gas and wind power markets. The order book for high-voltage cables now stands at close to two years of sales. Demand for industrial cables has been particularly strong in many segments. Low-voltage cables for the building market enjoyed robust demand in several countries (France, Norway, Sweden, Benelux and Switzerland). In the telecom business, 2007 saw a recovery in demand for copper cables, sustained business in the railway market segment (signaling cables) and strong growth in optical fiber cables in Belgium, France, Switzerland and Northern Europe.Nexans reaped the rewards of streamlining and investments carried out in the last two years, which aimed at achieving more productive and efficient manufacturing and logistics operations and steering commercial initiatives towards the most profitable and value-enhancing market segments.ONGOING INVESTMENTMore than 113 million euros have been invested in enhancing the performance of manufacturing plants. In Italy, the two main sites, Latina and Battipaglia, have been specialized. In Belgium, the manufacture of cable harnesses for the aerospace industry has been stopped, and production of harnesses for industrial vehicles has been transferred to Slovakia. Investments are to be made at the Draveil plant in France to enable the manufacturing of high value-added cables for the Airbus A380 and A350. The Group has increased capacity at its Halden facility in Norway by more than 50% and started up the Tokyo Bay plant in Japan** to cater for the very strong global demand for high-voltage submarine cables. In high-voltage terrestrial cables, capacity at the Charleroi plant in Belgium is to be expanded.FURTHER STRONG IMPROVEMENTS IN PERFORMANCEThe Europe Area had a very good year in terms of sales and profits. The cable and cabling systems activities reported strong growth across all markets. Sales of electrical wires to external customers dropped by close to 50% in line with the Group’s strategy to refocus on its own requirements.22** High-voltage activity assigned to the Europe Are]]></raw>
		<basicChars><![CDATA[OUR ACTIVITIES IN 2007EUROPE15, 184EMPLOYEES PLANTS IN COUNTRIES*A VERY GOOD YEAR FOR BOTH SALES AND EARNINGS IN ALL MARKETSSALES:1 73, M€ 215(UP 7.2% ON 2006)OPERATING MARGIN:265M€* AUSTRIA, THE BALTIC STATES, BELGIUM, BULGARIA, CROATIA, THE CZECH REPUBLIC, DENMARK, FINLAND, FRANCE, GERMANY, GREECE, HUNGARY, IRELAND, ITALY, THE NETHERLANDS, NORWAY, POLAND, PORTUGAL, ROMANIA, SERBIA, SLOVAKIA, SLOVENIA, SPAIN, SWEDEN, SWITZERLAND, THE UNITED KINGDOM.A FAVORABLE ENVIRONMENTNexans enjoyed generally favorable economic conditions on the domestic and export markets alike. The Group is benefiting from the development of power networks. Demand for submarine cables and umbilicals was driven up sharply by large interconnection projects and dynamic oil, gas and wind power markets. The order book for high-voltage cables now stands at close to two years of sales. Demand for industrial cables has been particularly strong in many segments. Low-voltage cables for the building market enjoyed robust demand in several countries (France, Norway, Sweden, Benelux and Switzerland). In the telecom business, 2007 saw a recovery in demand for copper cables, sustained business in the railway market segment (signaling cables) and strong growth in optical fiber cables in Belgium, France, Switzerland and Northern Europe.Nexans reaped the rewards of streamlining and investments carried out in the last two years, which aimed at achieving more productive and efficient manufacturing and logistics operations and steering commercial initiatives towards the most profitable and value-enhancing market segments.ONGOING INVESTMENTMore than 113 million euros have been invested in enhancing the performance of manufacturing plants. In Italy, the two main sites, Latina and Battipaglia, have been specialized. In Belgium, the manufacture of cable harnesses for the aerospace industry has been stopped, and production of harnesses for industrial vehicles has been transferred to Slovakia. Investments are to be made at the Draveil plant in France to enable the manufacturing of high value-added cables for the Airbus A380 and A350. The Group has increased capacity at its Halden facility in Norway by more than 50% and started up the Tokyo Bay plant in Japan** to cater for the very strong global demand for high-voltage submarine cables. In high-voltage terrestrial cables, capacity at the Charleroi plant in Belgium is to be expanded.FURTHER STRONG IMPROVEMENTS IN PERFORMANCEThe Europe Area had a very good year in terms of sales and profits. The cable and cabling systems activities reported strong growth across all markets. Sales of electrical wires to external customers dropped by close to 50% in line with the Group’s strategy to refocus on its own requirements.22** High-voltage activity assigned to the Europe Are]]></basicChars>
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	<page id="25">
		<raw><![CDATA[RECORD DEMAND FOR HIGH-VOLTAGE CABLES AND UMBILICALSSales of high-voltage cables have risen by 20.5%. This activity has registered record order levels in Europe, the Middle East and Asia. Several new major worldwide technological breakthroughs were made in the field of high-voltage submarine cables in 2007. Notable achievements and contracts signed in 2007 include the NorNed project to connect the Norwegian and Dutch power networks, the new high-voltage link between the Balearic Isles and Spain, and the Horns Rev 2 offshore windfarm currently being built in Denmark. In the umbilicals sector, Nexans supplied an innovative direct electrical heating system for the submarine pipelines used at the Tyrihans oil et gas field off the coast of Norway.A HIKE IN BUILDING SECTOR MARGINSThe building sector also enjoyed strong growth with sales climbing 11.8% and a sharp improvement in operating margin. Nexans continued to extend its range of fire-resistant products. In the area of fire safety, Nexans is already prepared for the new European Commission Construction Products Directive (CPD), which will set new fire-reaction and fire-resistance standards for all cables. The Group has developed a new range of cables with improved fire reaction properties (ALSECURE®) and a range of fire-resistant cables that ensure the continued operation of safety systems during emergency conditions (ALSECURE® PLUS). These ranges were first launched in France, Benelux, Spain, Denmark and Sweden in 2005, and then in the UK, which has particularly stringent requirements for safety cables, in 2006.GOOD PERFORMANCES IN MEDIUM-VOLTAGE AND ACCESSORIESSales of low and medium-voltage cables and connection accessories increased by 7.6%. Medium-voltage cables for power networks benefited from strong demand in France, Switzerland, Norway, Sweden (where the network is being buried), and the UK, where networks are being upgraded ahead of the 2012 Olympic Games. To meet the demand, the Group called on its Greek, Italian and Swiss manufacturing plants to support the local units. Power accessories continued to show strong growth, reflecting the reliability, quality and scope of the products that Nexans offers. The Group masters a wide range of technologies including epoxy resins, polyurethanes, silicon, thermo-retractable and cold shrink. In 2007, the Group gained very significant market share in France and Spain, but also in Eastern Europe.HEALTHY DEMAND FOR TELECOM AND DATA TRANSMISSION CABLESThe telecom infrastructure activity has registered 16.5% growth. Demand for copper cables has picked up. Nexans signed two contracts with Telecom Italia, covering the management of supply to many centers that span the whole of Italy. Sales of optical fiber cables and connectivity accessories were up significantly in Belgium, France, Switzerland and Northern Europe. In the Local Area Networks activity, Nexans cabling systems registered strong growth at the upper end of the range with a complete offering that includes cables, connectors and “intelligent systems”. This offering has been particularly successful in businesses with strong reliability and safety requirements such as airports, data centers and equity trading rooms.OUTLOOKGoing forward, Nexans will be able to draw on optimized manufacturing capacity to serve the major European markets, a wide range of products and services and a proactive sales organization that is ready to seize the many opportunities offered by an enlarged Europe and by export markets. Several capacity increases are either underway or planned in Europe to supply the surging demand for high-voltage submarine and terrestrial cables, and industrial cables for the wind power, oil et gas and nuclear power market segments. At the same time the Group is concentrating a lot of effort into optimizing its manufacturing plants. Nexans is looking at ways of optimizing production between the various units that supply the industry market and has already taken steps to develop synergies. Finally the Group has decided to stop supplying wirerod to external customers in Europe in an effort to reduce its working capital requirement.STRONG RESULTS IN INDUSTRIAL CABLESSales of industrial cables increased by 17.2%, with significantly higher volumes in high value-added segments. All sites contributed to these strong performances. In France, sales of cables for the aerospace, oil et gas, nuclear power, material handling, railway rolling stock and shipbuilding industries jumped 34.8%. In Germany, where business is focused on cables for the robotics, railway, automobile, material handling and shipbuilding industries, sales rose by 13%. In Sweden, where Nexans supplies in particular industrial vehicle manufacturers, growth exceeded 19.3%. Sales of cable harnesses were up 14.5% thanks mainly to the popularity of upmarket German cars. New production sites have been opened in Slovakia and Ukraine to round out the existing production network in Czech Republic and Romania.]]></raw>
		<basicChars><![CDATA[RECORD DEMAND FOR HIGH-VOLTAGE CABLES AND UMBILICALSSales of high-voltage cables have risen by 20.5%. This activity has registered record order levels in Europe, the Middle East and Asia. Several new major worldwide technological breakthroughs were made in the field of high-voltage submarine cables in 2007. Notable achievements and contracts signed in 2007 include the NorNed project to connect the Norwegian and Dutch power networks, the new high-voltage link between the Balearic Isles and Spain, and the Horns Rev 2 offshore windfarm currently being built in Denmark. In the umbilicals sector, Nexans supplied an innovative direct electrical heating system for the submarine pipelines used at the Tyrihans oil et gas field off the coast of Norway.A HIKE IN BUILDING SECTOR MARGINSThe building sector also enjoyed strong growth with sales climbing 11.8% and a sharp improvement in operating margin. Nexans continued to extend its range of fire-resistant products. In the area of fire safety, Nexans is already prepared for the new European Commission Construction Products Directive (CPD), which will set new fire-reaction and fire-resistance standards for all cables. The Group has developed a new range of cables with improved fire reaction properties (ALSECURE®) and a range of fire-resistant cables that ensure the continued operation of safety systems during emergency conditions (ALSECURE® PLUS). These ranges were first launched in France, Benelux, Spain, Denmark and Sweden in 2005, and then in the UK, which has particularly stringent requirements for safety cables, in 2006.GOOD PERFORMANCES IN MEDIUM-VOLTAGE AND ACCESSORIESSales of low and medium-voltage cables and connection accessories increased by 7.6%. Medium-voltage cables for power networks benefited from strong demand in France, Switzerland, Norway, Sweden (where the network is being buried), and the UK, where networks are being upgraded ahead of the 2012 Olympic Games. To meet the demand, the Group called on its Greek, Italian and Swiss manufacturing plants to support the local units. Power accessories continued to show strong growth, reflecting the reliability, quality and scope of the products that Nexans offers. The Group masters a wide range of technologies including epoxy resins, polyurethanes, silicon, thermo-retractable and cold shrink. In 2007, the Group gained very significant market share in France and Spain, but also in Eastern Europe.HEALTHY DEMAND FOR TELECOM AND DATA TRANSMISSION CABLESThe telecom infrastructure activity has registered 16.5% growth. Demand for copper cables has picked up. Nexans signed two contracts with Telecom Italia, covering the management of supply to many centers that span the whole of Italy. Sales of optical fiber cables and connectivity accessories were up significantly in Belgium, France, Switzerland and Northern Europe. In the Local Area Networks activity, Nexans cabling systems registered strong growth at the upper end of the range with a complete offering that includes cables, connectors and “intelligent systems”. This offering has been particularly successful in businesses with strong reliability and safety requirements such as airports, data centers and equity trading rooms.OUTLOOKGoing forward, Nexans will be able to draw on optimized manufacturing capacity to serve the major European markets, a wide range of products and services and a proactive sales organization that is ready to seize the many opportunities offered by an enlarged Europe and by export markets. Several capacity increases are either underway or planned in Europe to supply the surging demand for high-voltage submarine and terrestrial cables, and industrial cables for the wind power, oil et gas and nuclear power market segments. At the same time the Group is concentrating a lot of effort into optimizing its manufacturing plants. Nexans is looking at ways of optimizing production between the various units that supply the industry market and has already taken steps to develop synergies. Finally the Group has decided to stop supplying wirerod to external customers in Europe in an effort to reduce its working capital requirement.STRONG RESULTS IN INDUSTRIAL CABLESSales of industrial cables increased by 17.2%, with significantly higher volumes in high value-added segments. All sites contributed to these strong performances. In France, sales of cables for the aerospace, oil et gas, nuclear power, material handling, railway rolling stock and shipbuilding industries jumped 34.8%. In Germany, where business is focused on cables for the robotics, railway, automobile, material handling and shipbuilding industries, sales rose by 13%. In Sweden, where Nexans supplies in particular industrial vehicle manufacturers, growth exceeded 19.3%. Sales of cable harnesses were up 14.5% thanks mainly to the popularity of upmarket German cars. New production sites have been opened in Slovakia and Ukraine to round out the existing production network in Czech Republic and Romania.]]></basicChars>
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	<page id="26">
		<raw><![CDATA[OUR ACTIVITIES IN 2007NORTHAMERICA1 870 ,EMPLOYEES PLANTS IN SALES COUNTRIES*OPERATING MARGIN:SHARP RISE IN PROFITABILITY3(DOWN 10.2% ON 2006)662M€79M€*CANADA, THE UNITED STATES, MEXICO, CENTRAL AMERICA, AND THE CARIBBEANA MIXED ENVIRONMENT2007 was characterized by a mixed environment with a highly volatile copper price and a weak US dollar. In Canada, the energy infrastructure market remained robust, but demand weakened in the building market and record declines in the US dollar led to increased competition. In the United States, demand for energy infrastructure cables was boosted by networks upgrades and large interconnection projects between the US and Canada. The building market slowed due to a sharp decline in new housing starts, but tertiary and industrial building market segments remained strong. Dollar depreciation led to very strong growth in industry exports, particularly in the aerospace industry which was very buoyant. The Group enjoyed strong demand in the telecom and LAN activities.HIGH PROFITABILITY IN THE BUILDING AND TELECOM NETWORK ACTIVITIESSales of cables for the building market rose by 6.1% and profitability levels were very good. Demand remained strong in the tertiary and industrial market segments, where the Group is strongly positioned. Nexans was only marginally impacted by the slack demand in the residential building since it is not a major player in this segment. Following the launch in Chester (United States) of a new range of solutions for commercial buildings, the Group now has a complete product offering for the North American building market. Sales of LAN cables leapt up 15.6% thanks to the success of high value-added offerings combining cables and connectors and a strong start to sales of very high speed DSL copper cables (10GB). This highend strategy has helped to keep profitability strong.A ROBUST PERFORMANCECable sales grew by 5.4% despite a strike at the plant in Quebec which lasted several months. The decline in total revenues is mainly attributable to deliberate efforts to reduce wirerod sales (–29%). Nexans also fully withdrew from the winding wire business under good conditions, with the sale of the Simcoe manufacturing plant in Ontario to the Essex group. Operating margin improved significantly, reaching 11.9% versus 7.9% in 2006. Energy infrastructure cable sales fell by 13.4% due to the strike at the Quebec plant. The Valley Group** subsidiary, acquired in early 2007, has flourished since joining Nexans. Sales have more than doubled and order levels are excellent.OUTLOOKIn 2008 sales are expected to be supported by demand in energy infrastructure, exports in the capital goods and transportation and the development of high speed data transmission products. Nexans intends to further reduce production of electrical wires and reinforce productivity at its Quebec plant, which provides a solid base for the manufacture of medium-voltage cables. The Group is planning to double its production capacity for 10GB LAN cables and strengthen capacity for aerospace cables in 2008. In the building market, it is looking to step up stock and cost control efforts and focus on the tertiary and industrial