SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Amendment No. 1)
Under the Securities Exchange Act of 1934*
Exide Technologies
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(Name of Issuer)
Common Stock, $0.01 Par Value
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(Title of Class of Securities)
302051206
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(CUSIP Number)
Richard D. Holahan, Esq.
Assistant General Counsel
Soros Fund Management LLC
888 Seventh Avenue
33rd Floor
New York, New York 10106
(212) 262-6300
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
Copies to:
Thomas M. Cerabino, Esq.
Willkie Farr & Gallagher LLP
787 Seventh Avenue
New York, New York 10019-6099
(212) 728-8000
January 11, 2005
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(Date of Event which Requires
Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of ss.ss. 240.13d-1(e), 240.13d-(1)(f) or 240.13d-1(g), check
the following box [X].
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See Rule 240.13d-7 for other
parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
Page 1 of 7
Exhibit Index Appears on Page 6
SCHEDULE 13D
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CUSIP No. 302051206 Page 2 of 7 pages
------------------- -----------------
------------- ------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)
Soros Fund Management LLC
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions) (a) [ ]
(b) [X]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS (See Instructions)
AF
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5 CHECK IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
----------------------- ----------- --------------------------------------------
7 SOLE VOTING POWER
1,522,300
----------- --------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY ----------- --------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH 1,522,300
----------- --------------------------------------------
10 SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,522,300
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12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions) [ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.3%
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14 TYPE OF REPORTING PERSON (See Instructions)
OO, IA
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SCHEDULE 13D
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CUSIP No. 302051206 Page 3 of 7 pages
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------------- ------------------------------------------------------------------
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)
George Soros (in the capacity described herein)
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions) (a) [ ]
(b) [X]
------------- ------------------------------------------------------------------
3 SEC USE ONLY
------------- ------------------------------------------------------------------
4 SOURCE OF FUNDS (See Instructions)
AF
------------- ------------------------------------------------------------------
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT
TO ITEMS 2(d) or 2(e) [ ]
------------- ------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
----------------------- ----------- --------------------------------------------
7 SOLE VOTING POWER
1,522,300
----------- --------------------------------------------
NUMBER OF 8 SHARED VOTING POWER
SHARES
BENEFICIALLY 0
OWNED BY ----------- --------------------------------------------
EACH 9 SOLE DISPOSITIVE POWER
REPORTING
PERSON WITH 1,522,300
----------- --------------------------------------------
10 SHARED DISPOSITIVE POWER
0
------------- ------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,522,300
------------- ------------------------------------------------------------------
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN
SHARES (See Instructions) [ ]
------------- ------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
6.3%
------------- ------------------------------------------------------------------
14 TYPE OF REPORTING PERSON (See Instructions)
IA
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This Amendment No. 1 supplementally amends the initial statement on
Schedule 13D previously filed on December 22, 2004 (the "Original 13D" and
collectively with this Amendment No. 1, the "Statement"). The Statement relates
to the Common Stock, par value $.01 per share (the "Shares"), of Exide
Technologies, a Delaware corporation (the "Issuer"). The Statement is being
filed on behalf of (1) Soros Fund Management LLC, a Delaware limited liability
company ("SFM LLC"), and (2) George Soros, a United States citizen. SFM LLC and
Mr. Soros are sometimes collectively referred to herein as the "Reporting
Persons." Initially capitalized terms used herein and not otherwise defined have
the meanings ascribed thereto in the Original 13D.
The Reporting Persons filed a statement on Schedule 13G on November 26,
2004 to report the acquisition of Shares which are the subject of the Statement,
as a result of which the Reporting Persons may be deemed to be the beneficial
owners of more than 5% of the outstanding Shares, and filed the Original 13D
because, in connection with their ongoing evaluation of the investment in the
Issuer and their options with respect to such investment, they have decided to
seek to meet with the board of directors and/or members of senior management of
the Issuer to indicate their views on issues relating to the strategic direction
undertaken by the Issuer and other matters of interest to stockholders
generally.
Item 4. Purpose of Transaction
Item 4 of the Statement is hereby amended by adding the following as the
third paragraph of such Item:
On January 11, 2005, in furtherance of its efforts to meet with the
Issuer's board of directors, SFM LLC sent a letter to the Issuer. A copy of this
letter is attached hereto as Exhibit D and incorporated herein in its entirety.
Item 7. Material to be Filed as Exhibits
Exhibit A: Joint Filing Agreement by and among the Reporting Persons
(incorporated by reference to the Schedule 13D filed by the Reporting Persons on
December 22, 2004).
Exhibit B: Power of Attorney, dated as of October 30, 2002, granted by Mr.
George Soros in favor of Armando T. Belly, John F. Brown, Jodye Anzalotta,
Maryann Canfield, Richard D. Holahan, Jr. and Robert Soros (incorporated by
reference to the Schedule 13G filed by the Reporting Persons on November 26,
2004).
Exhibit C: Joint Plan of Reorganization of the Official Committees of
Unsecured Creditors and the Debtors, dated March 11, 2004 (incorporated by
reference to the Issuer's Current Report on Form 8-K filed on May 6, 2004).
Exhibit D: Letter dated January 11, 2005 from SFM LLC to Exide
Technologies.
Page 4 of 7
Signature
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
January 11, 2005.
SOROS FUND MANAGEMENT LLC
By: /s/ Richard D. Holahan, Jr.
------------------------------
Name: Richard D. Holahan, Jr.
Title: Assistant General Counsel
GEORGE SOROS
By: /s/ Richard D. Holahan, Jr.
------------------------------
Name: Richard D. Holahan, Jr.
Title: Attorney-in-Fact
Page 5 of 7
Exhibit Index
Exhibit Page
Exhibit A Joint Filing Agreement, dated December 22, 2004, among N/A
Soros Fund Management LLC and George Soros (incorporated
by reference to the Schedule 13D filed by the Reporting
Persons on December 22, 2004).
Exhibit B Power of Attorney, dated as of October 30, 2002, granted N/A
by Mr. George Soros in favor of Armando T. Belly, John F.
Brown, Jodye Anzalotta, Maryann Canfield, Richard D.
Holahan, Jr. and Robert Soros (incorporated by reference
to the Schedule 13G filed by the Reporting Persons on
November 26, 2004).
Exhibit C Joint Plan of Reorganization of the Official Committees of N/A
Unsecured Creditors and the Debtors, dated March 11, 2004
(incorporated by reference to the Issuer's Current Report
on Form 8-K filed on May 6, 2004).
Exhibit D Letter dated January 11, 2005 from SFM LLC to 7
Exide Technologies.
Page 6 of 7