SPSX Superior Essex (MM)

Superior Essex Inc. (NASDAQ: SPSX) today announced that it has reached a settlement related to disputed proceeds from copper antitrust litigation dating back to 2003. As a result, the Company will receive approximately $19.5 million in cash and record a gain for the same amount in the second quarter of 2008. ABOUT SUPERIOR ESSEX Superior Essex�Inc., a FORTUNE 1000 company, is one of the largest wire and cable manufacturers in the world. The Company manufactures and supplies a broad portfolio of wire and cable products for the Communications, Energy, Automotive, Industrial, and Commercial & Residential end-markets.�It is a leading manufacturer of magnet wire, fabricated insulation products, and copper and fiber optic communications wire and cable. It is also a leading distributor of magnet wire, insulation and related products. Additional information on the Company can be found on its Web site at superioressex.com.