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                         NOTICE OF GUARANTEED DELIVERY
 
                                   TO TENDER
        UNREGISTERED 11 3/4% SERIES B SENIOR SUBORDINATED NOTES DUE 2005
 
                                       OF
 
                         INTERNATIONAL WIRE GROUP, INC.
   PURSUANT TO THE EXCHANGE OFFER AND PROSPECTUS DATED                , 1997
 
     As set forth in the Exchange Offer (as defined in the Prospectus (as
defined below)), this form or one substantially equivalent hereto must be used
to accept the Exchange Offer if certificates for unregistered 11 3/4% Series B
Senior Subordinated Notes Due 2005 (the "Old Notes"), of International Wire
Group, Inc., are not immediately available or time will not permit a holder's
Old Notes or other required documents to reach the Exchange Agent on or prior to
the Expiration Date (as defined), or the procedure for book-entry transfer
cannot be completed on a timely basis. This form may be delivered by facsimile
transmission, by registered or certified mail, by hand, or by overnight delivery
service to the Exchange Agent. See "The Exchange Offer -- Procedures for
Tendering" in the Prospectus.
 
     THE EXCHANGE OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 5:00 P.M., NEW YORK
CITY TIME, ON             , 1997 (THE "EXPIRATION DATE"), UNLESS THE EXCHANGE
OFFER IS EXTENDED BY THE COMPANY.
 
                 The Exchange Agent for the Exchange Offer is:
 
                         For Information by Telephone:
 

                                             
    By Registered or Certified Mail, by                  By Facsimile Transmission
  Hand, or by Overnight Delivery Service:            (for Eligible Institutions only):
 
                                                          (Facsimile Confirmation)

 
    (Originals of all documents sent by facsimile should be sent promptly by
   registered or certified mail, by hand, or by overnight delivery service.)
 
     DELIVERY OF THIS NOTICE TO AN ADDRESS OR TRANSMISSION OF INSTRUCTIONS VIA
FACSIMILE OTHER THAN AS SET FORTH ABOVE WILL NOT CONSTITUTE A VALID DELIVERY.
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Ladies and Gentlemen:
 
The undersigned hereby tenders to International Wire Group, Inc., a Delaware
corporation (the "Company"), in accordance with the Company's offer, upon the
terms and subject to the conditions set forth in the Prospectus dated        ,
1997 (the "Prospectus"), and in the accompanying Letter of Transmittal, receipt
of which is hereby acknowledged, $          in aggregate principal amount of Old
Notes pursuant to the guaranteed delivery procedures described in the
Prospectus.
 
Name(s) of Registered Holder(s):
                                ------------------------------------------------
                                         (Please Print or Type)
 
Address
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- --------------------------------------------------------------------------------
 
Area Code & Telephone No.:
                          ------------------------------------------------------
 
Certificate Number(s) for
Old Notes (if available):
                         -------------------------------------------------------
 
Total Principal Amount
Tendered and Represented
by Certificate(s): $
                    ------------------------------------------------------------
 
Signature of Registered Holder(s):
                                  ----------------------------------------------
 
Dated:
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[ ] The Depository Trust Company
   (Check if Old Notes will be tendered
   by book-entry transfer)
 
Account Number:
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             THE GUARANTEE ON THE FOLLOWING PAGE MUST BE COMPLETED
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                                   GUARANTEE
                    (NOT TO BE USED FOR SIGNATURE GUARANTEE)
 
     The undersigned, being a member firm of a registered national securities
exchange, a member of the National Association of Securities Dealers, Inc., or a
commercial bank or trust company having an office in the United States, hereby
guarantees (a) that the above named person(s) "own(s)" the Old Notes tendered
hereby within the meaning of Rule 14e-4 ("Rule 14e-4") under the Securities
Exchange Act of 1934, as amended, (b) that such tender of such Old Notes
complies with Rule 14e-4, and (c) to deliver to the Exchange Agent the
certificates representing the Old Notes tendered hereby or confirmation of
book-entry transfer of such Old Notes into the Exchange Agent's account at The
Depository Trust Company, in proper form for transfer, together with the Letter
of Transmittal (or facsimile thereof), properly completed and duly executed,
with any required signature guarantees and any other required documents, within
three New York Stock Exchange trading days after the Expiration Date.
 
Name of Firm:
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Address:
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Area Code and Telephone No.:
                            ----------------------------------------------------
 
Authorized Signature:
                     -----------------------------------------------------------
 
Name:
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Title:
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Dated:
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NOTE: DO NOT SEND CERTIFICATES OF OLD NOTES WITH THIS FORM. CERTIFICATES OF OLD
      NOTES SHOULD BE SENT ONLY WITH A LETTER OF TRANSMITTAL.