CONTRACT WIN WORTH 15 MEUR FOR FLUID TRANSFER SYSTEMS

Kongsberg Automotive (KA) has received a contract for a fuel line system with one of the world’s largest global manufacturer of commercial vehicles.  The product is designed for mid duty trucks.

“The unique solutions that KA can offer within the fuel transfer system are the reason why we continue to have success in this area. Higher temperatures and more aggressive fuels drive the need for KA products”, says David Redfearn, Director Marketing and Sales Fluid Transfer in Kongsberg Automotive.

The contract has a total value of 15 MEUR over 6 years. Start of production will be by the end of 2012 from KA’s facility in Epila, Spain.

“We remain focused on providing advanced, world class products and service to our customers. We’re satisfied when that materializes in new exciting business opportunities like this one”, says Scott Paquette, Executive Vice President for Fluid Transfer in Kongsberg Automotive.

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Media:

Hans Jørgen Mørland, Director of Corporate Communications

Phone: 4732770511. Mobile: 4794863570

Investors / analysts:

Philippe Toth, Director, M & A / Investor Relations

Phone: 4732770503. Mobile: 4798214021

Kongsberg Automotive is headquartered in Kongsberg, Norway and has 48 facilities in 20 countries. Kongsberg Automotive, with more than 10.000 employees, provides system solutions to vehicle makers around the world. The product portfolio includes gearshift systems, cables for a wide variety of applications, fuel lines, tubing and hoses, couplings, clutch actuation, stabilizing rods, seat heaters, seat ventilation, lumbar supports, head restrains, arm rests, steering columns, pedals, electronics and displays. Find more information at www.kongsbergautomotive.com.