Kongsberg Automotive Holding ASA - New auto tiers contract valued at MNOK 36 (MEUR 4)

Kongsberg, 3 February 2009 Kongsberg Automotive increases supply position with auto tiers Kongsberg Automotive is pleased to announce it has signed agreements with two major tier one automotive suppliers. These supply agreements commence immediately for a term of three years and total over EURO 4 million in new revenue. In addition to this new business, the agreements solidify Kongsberg's future position with parts currently supplied. The products provided are vital in the fuel & brake systems & include the Kongsberg Automotive patented hose Fluorocomp & PTFE hose lines. Kongsberg Automotive is headquartered in Kongsberg, Norway and has approx. 50 facilities in 20 countries on all continents. Kongsberg Automotive 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. FOR MORE INFORMATION, CONTACT: Bård Klungseth, President - Actuation Systems Phone:+ 47 32 77 05 00 / Mobile:+47 93 03 78 58 Ronny Lie Director Communication Phone : +4732770511. Mobile : +4791610798