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EnerSys Announces Price Increase

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READING, Pa., Jan. 19 /PRNewswire-FirstCall/ -- EnerSys (NYSE: ENS), the world's largest manufacturer, marketer and distributor of industrial batteries, today is announcing a price increase in reaction to increased commodity costs. This price increase will be effective on all battery products and accessories.

"This action is necessitated by the unprecedented rise in commodity costs to historically high levels," commented John D. Craig, EnerSys chairman, president and CEO. "For example, lead, which is our single largest commodity, has risen in cost by over 25% since our last price increase of 6% announced at the end of November 2005. In addition to lead, we continue to experience significant cost increases in other commodities including copper, plastics and utility costs as well as transportation costs. We continue to strive to control our costs, however, we cannot continue to absorb these unprecedented commodity prices and find it necessary to raise our prices to offset these increases. The price increases, which range from 5% to 10%, will be implemented worldwide across our product lines."

Forward-Looking Statements

This press release contains forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995), that are based on management's current expectations and are subject to uncertainties and changes in circumstances. The Company's actual results may differ materially from the forward-looking statements for a number of reasons. For a list of the factors which could affect the Company's results, see "Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations," including "Forward-Looking Statements," set forth in the Company's Quarterly Report on Form 10-Q for the second fiscal quarter ended October 2, 2005, which was filed with the U.S. Securities and Exchange Commission.

About EnerSys

EnerSys, the world leader in stored energy solutions for industrial applications, manufactures, distributes and services reserve power and motive power batteries, chargers, power equipment, and battery accessories to customers worldwide. Reserve power batteries are used in the telecommunications and utility industries, uninterruptible power suppliers, and numerous applications requiring standby power. Motive power batteries are utilized in electric forklift trucks and other commercial electric-powered vehicles. The company also provides aftermarket and customer support services to its customers from over 100 countries through its sales and manufacturing locations around the world.

More information regarding EnerSys can be found at http://www.enersys.com.

For more information, please contact Richard Zuidema, executive vice president, EnerSys, PO Box 14145, Reading PA 19612-4145. Tel: 800/538-3627

SOURCE  EnerSys
    -0-                             01/19/2006
    /CONTACT:  Richard Zuidema, executive vice president, EnerSys,
+1-800-538-3627/
    /Web site:  http://www.enersys.com /
    (ENS)

CO:  EnerSys
ST:  Pennsylvania
IN:  CPR OIL
SU:

JT
-- PHTH050 --
6501 01/19/2006 17:18 EST http://www.prnewswire.com
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