UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G

                    Under the Securities Exchange Act of 1934
                               (Amendment No. 1)*

                               EXIDE TECHNOLOGIES
                               ------------------
                                (Name of Issuer)

                     Common Stock, $.01 par value per share
                     --------------------------------------
                         (Title of Class of Securities)

                                    302051206
                                    ---------
                                 (CUSIP Number)

                                December 31, 2004
                                -----------------
                      (Date of Event which Requires Filing
                               of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:

                                [X] Rule 13d-1(b)
                                [ ] Rule 13d-1(c)
                                [ ] Rule 13d-1(d)


*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 the
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).

                          Continued on following pages
                                Page 1 of 8 Pages






                                  SCHEDULE 13G

CUSIP No. 302051206                                            Page 2 of 8 Pages



1        Names of Reporting Persons
         I.R.S. Identification Nos. of above persons (entities only)

                  ANGELO, GORDON & CO., L.P.

2        Check the Appropriate Box If a Member of a Group (See Instructions)

                                         a. [  ]
                                         b. [X]

3        SEC Use Only

4        Citizenship or Place of Organization

                  Delaware

                            5             Sole Voting Power
Number of                                          0
  Shares
Beneficially                6             Shared Voting Power
  Owned By                                         0
    Each
Reporting                   7             Sole Dispositive Power
    Person                                         0
    With
                            8             Shared Dispositive Power
                                                   0

9        Aggregate Amount Beneficially Owned by Each Reporting Person

                                    0

10       Check Box If the Aggregate Amount in Row (9) Excludes Certain
         Shares (See Instructions)

                                    [   ]

11       Percent of Class Represented By Amount in Row (9)

                                    0%

12       Type of Reporting Person (See Instructions)

                                    IA; PN




                                  SCHEDULE 13G

CUSIP No. 302051206                                            Page 3 of 8 Pages

1        Names of Reporting Persons
         I.R.S. Identification Nos. of above persons (entities only)

                  JOHN M. ANGELO

2        Check the Appropriate Box If a Member of a Group (See Instructions)

                                         a. [  ]
                                         b. [X]

3        SEC Use Only

4        Citizenship or Place of Organization

                  UNITED STATES

                            5             Sole Voting Power
Number of                                          0
  Shares
Beneficially                6             Shared Voting Power
  Owned By                                         0
    Each
Reporting                   7             Sole Dispositive Power
    Person                                         0
    With
                            8             Shared Dispositive Power
                                                   0

9        Aggregate Amount Beneficially Owned by Each Reporting Person

                                    0

10       Check Box If the Aggregate Amount in Row (9) Excludes Certain
         Shares (See Instructions)

                                    [   ]

11       Percent of Class Represented By Amount in Row (9)

                                    0%

12       Type of Reporting Person (See Instructions)

                                    IN; HC



                                  SCHEDULE 13G

CUSIP No. 302051206                                            Page 4 of 8 Pages


1        Names of Reporting Persons
         I.R.S. Identification Nos. of above persons (entities only)

                  MICHAEL L. GORDON

2        Check the Appropriate Box If a Member of a Group (See Instructions)

                                         a. [  ]
                                         b. [X]

3        SEC Use Only

4        Citizenship or Place of Organization

                  UNITED STATES

                            5             Sole Voting Power
Number of                                          0
  Shares
Beneficially                6             Shared Voting Power
  Owned By                                         0
    Each
Reporting                   7             Sole Dispositive Power
    Person                                         0
    With
                            8             Shared Dispositive Power
                                                   0

9        Aggregate Amount Beneficially Owned by Each Reporting Person

                                    0

10       Check Box If the Aggregate Amount in Row (9) Excludes Certain
         Shares (See Instructions)

                                    [   ]

11       Percent of Class Represented By Amount in Row (9)

                                    0%

12       Type of Reporting Person (See Instructions)

                                    IN; HC






                                                               Page 5 of 8 Pages


Item 1(a)         Name of Issuer:

                  Exide Technologies (the "Issuer")

Item 1(b)         Address of the Issuer's Principal Executive Offices:

                  Crossroads  Corporate Center,  3150 Brunswick Pike, Suite 230,
Lawrenceville, N.J. 08648.

Item 2(a)         Name of Person Filing:

                  This  statement  is filed on behalf  of each of the  following
persons (collectively, the "Reporting Persons"):

                  i)   Angelo, Gordon & Co., L.P. ("Angelo, Gordon");

                  ii)  John M. Angelo, in his capacities as a managing member of
                       JAMG LLC,  which is the general  partner of AG  Partners,
                       L.P.,  which  is the  sole  general  partner  of  Angelo,
                       Gordon,  and as the chief  executive  officer  of Angelo,
                       Gordon ("Mr. Angelo"); and

                  iii) Michael  L.  Gordon,  in  his  capacities  as  the  other
                       managing member of JAMG LLC, which is the general partner
                       of AG Partners,  L.P.,  which is the sole general partner
                       of Angelo,  Gordon, and as the chief operating officer of
                       Angelo, Gordon ("Mr. Gordon").

                  This statement  related to Shares (as defined herein) held for
the accounts of 17 private  investment  funds for which  Angelo,  Gordon acts as
investment adviser.

Item 2(b)         Address of Principal Business Office or, if None, Residence:

                  The address of the  principal  business  office of each of the
Reporting Persons is 245 Park Avenue, New York, New York 10167.

Item 2(c)         Citizenship:

                  1) Angelo, Gordon is a Delaware limited partnership;

                  2) Mr. Angelo is a citizen of the United States; and

                  3) Mr. Gordon is a citizen of the United States.

Item 2(d)         Title of Class of Securities:

                  Common Stock, $.01 par value per share (the "Shares").

Item 2(e)         CUSIP Number:

                  302051206






                                                               Page 6 of 8 Pages

Item              3. If this  statement is filed pursuant to Rule 13d-1(b),
                  or 13d-2(b) or (c), check whether the person filing is a:

                  i)   Angelo,  Gordon is an investment adviser registered under
                       Section 203 of the Investment Advisers Act of 1940.

                  ii)  Mr. Angelo is a control person of Angelo, Gordon.

                  iii) Mr. Gordon is a control person of Angelo, Gordon.

Item 4.           Ownership:

Item 4(a)         Amount Beneficially Owned:

                  As of December 31, 2004, each of the Reporting  Persons may no
longer be deemed to be the beneficial owner of any Shares.

Item 4(b)         Percent of Class:

                  The  number of Shares of which each of the  Reporting  Persons
may be deemed to be the beneficial  owner  constitutes 0% of the total number of
Shares outstanding.

Item 4(c)         Number of shares as to which such person has:

         Angelo, Gordon
         --------------
         (i)       Sole power to vote or direct the vote                       0
         (ii)      Shared power to vote or to direct the vote                  0
         (iii)     Sole power to dispose or to direct the disposition of       0
         (iv)      Shared power to dispose or to direct the disposition of     0

         Mr. Angelo
         ----------
         (i)       Sole power to vote or direct the vote                       0
         (ii)      Shared power to vote or to direct the vote                  0
         (iii)     Sole power to dispose or to direct the disposition of       0
         (iv)      Shared power to dispose or to direct the disposition of     0

         Mr. Gordon
         ----------
         (i)       Sole power to vote or direct the vote                       0
         (ii)      Shared power to vote or to direct the vote                  0
         (iii)     Sole power to dispose or to direct the disposition of       0
         (iv)      Shared power to dispose or to direct the disposition of     0





                                                               Page 7 of 8 Pages



Item 5.           Ownership of Five Percent or Less of a Class:

                  If this statement is being filed to report the fact that as of
the date hereof the Reporting Persons have ceased to be the beneficial owners of
more than five percent of the class of securities, check the following [X].

Item 6.           Ownership of More than Five Percent on Behalf of Another 
                  Person:

                  The  limited   partners  of  (or  investors  in)  the  private
investment  funds for which Angelo,  Gordon acts as investment  adviser have the
right to participate in the receipt of dividends from, or proceeds from the sale
of, the securities  held for the accounts of the funds in accordance  with their
respective  limited  partnership  interests (or investment  percentages)  in the
private investment funds.

Item 7.           Identification and Classification of the Subsidiary Which 
                  Acquired the Security Being Reported on by the Parent Holding 
                  Company:

                  Angelo, Gordon is the relevant entity for which Mr. Angelo and
Mr. Gordon may each be considered a control person.

                  Angelo,  Gordon is an investment  adviser registered under the
Investment Advisers Act of 1940.

Item 8.           Identification and Classification of Members of the Group:

                  This Item 8 is not applicable.

Item 9.           Notice of Dissolution of Group:

                  This Item 9 is not applicable.

Item 10.          Certification:

                  By signing below each of the Reporting Persons certifies that,
to the best of such person's  knowledge and belief,  the securities  referred to
above were acquired and are held in the ordinary course of business and were not
acquired  and are not held for the  purpose of or with the effect of changing or
influencing  the control of the Issuer of such  securities and were not acquired
and are not  held in  connection  with or as a  participant  in any  transaction
having such purpose or effect.






                                                               Page 8 of 8 Pages




                                   SIGNATURES


     After  reasonable  inquiry and to the best of my knowledge and belief,  the
undersigned  certifies that the information set forth in this statement is true,
complete and correct.


Date:    February 14, 2005               ANGELO, GORDON & CO., L.P.

                                         By:      AG Partners, L.P.
                                                  Its General Partner


                                         By:      JAMG LLC,
                                                  Its General Partner


                                         By:      /s/ Michael L. Gordon
                                                  ------------------------------
                                         Name:    Michael L. Gordon
                                         Title:   Managing Member


Date:    February 14, 2005               JOHN M. ANGELO


                                         /s/ John M. Angelo
                                         ---------------------------------------

Date:    February 14, 2005               MICHAEL L. GORDON


                                         /s/ Michael L. Gordon
                                         ---------------------------------------