Belden Announces Pricing of Senior Subordinated Notes Offering

ST. LOUIS, June 24 /PRNewswire-FirstCall/ -- Belden Inc. (NYSE: BDC) today announced the pricing of its private offering of $200 million aggregate principal amount of senior subordinated notes due 2019 at a coupon of 9.25% and a yield of 9.75%. Belden expects this offering to close on June 29, 2009. The notes will mature on June 15, 2019. The notes will be guaranteed on a senior subordinated basis by certain of Belden's current and future domestic subsidiaries. The notes will rank pari passu with its current and any future senior subordinated debt, and will be subordinated to all of Belden's and the subsidiary guarantors' senior debt, including Belden's senior secured credit facility.

Belden will have the option to redeem all or a portion of the notes at any time on or after June 15, 2014 at specified redemption prices. In addition, prior to June 15, 2014, Belden may redeem all or a part of the notes at a redemption price equal to 100% of the principal amount thereof plus a specified applicable premium. At any time before June 15, 2012, Belden may also redeem up to 35% of the aggregate principal amount of the notes at a redemption price of 109.25% of the principal amount, plus accrued and unpaid interest, if any, to the date of redemption, with the proceeds of certain equity offerings.

The notes will be offered in the United States to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and outside the United States pursuant to Regulation S under the Securities Act. The notes have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements.

This news release is neither an offer to sell nor the solicitation of an offer to buy the notes or any other securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which, or to any person to whom, such an offer, solicitation or sale is unlawful. Any offers of the notes will be made only by means of a private offering memorandum.

Forward Looking Statements

Statements in this release other than historical facts are "forward looking statements" made in reliance upon the safe harbor of the Private Securities Litigation Reform Act of 1995. These forward looking statements are based on forecasts and projections about the industries served by the Company and about general economic conditions. They reflect management's beliefs and expectations. They are not guarantees of future performance and they involve risk and uncertainty. The Company's actual results may differ materially from these expectations. The current global economic slowdown has adversely affected our results of operations and may continue to do so. Turbulence in financial markets may increase our borrowing costs. Some additional factors that may cause actual results to differ from the Company's expectations include demand for the Company's products; the cost and availability of materials including copper, plastic compounds derived from fossil fuels, and other materials; energy costs; the Company's ability to integrate successfully the acquired businesses; and other factors. For a more complete discussion of risk factors, please see our Annual Report on Form 10-K for the year ended December 31, 2008, filed with the SEC on February 27, 2009. Belden disclaims any duty to update any forward looking statements as a result of new information, future developments, or otherwise.

About Belden

Sending All the Right Signals - from industrial automation to data centers, from broadcast studios to aerospace, from cutting-edge wireless communications to consumer electronics, Belden people are committed to delivering the best signal transmission solutions in the world. Belden associates work in copper cable, fiber, wireless technology, connectors, switches and active components to bring voice, video and data to your mission-critical application. With 2008 revenue of $2.0 billion, Belden has manufacturing capability in North America, Europe and Asia. To obtain additional information contact Investor Relations at 314-854-8054, or visit our website at www.belden.com.

    From:                     Belden
                              314.854.8054

SOURCE Belden Inc.