Kongsberg Automotive wins EUR 42 million of sales in the Fluid Transfer Segment

Kongsberg Automotive (KA) has over a short period been awarded significant new contracts for Fluid Transfer Products in different vehicle applications. These business awards are from leading heavy- and light duty vehicle manufactures in Europe, North America and China. The products covered in the awards include tube and hose applications for turbo chargers, fuel systems, brakes and air suspension utilizing KA's patented solutions. “These contracts demonstrate the success that Kongsberg Automotive achieves when working closely with our customers respond to their specific needs. A combination of technically advanced products, efficient global manufacturing and excellent engineering support has been rewarded by key target OEMs,” says Bård Klungseth, President of Commercial Vehicles Systems at KA. The contracts are valued at EUR 42 million over the lifetime and have commencement dates already in 2012, and will run for up to 7 years. For further information: Bård Klungseth, President – Commercial Vehicle Systems Phone:+ 47 32 77 05 00 / + 47 93 03 78 58 e-mail: bard.klungseth@ka-group.com Ronny Lie, Director, Corporate Communication Phone: + 47 32 77 05 11 / + 47 916 10 798 email: ronny.lie@ka-group.com

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