Disclosure of voting rights related AGM

Ove Gusevik, chairman of the board of Simrad Optronics ASA has received a proxy for the Annual General Meeting to be held 30 April 2008, from CAP. Guardian Employee Benefit for a total of 6,139,463 shares. After receiving this proxy, Ove Gusevik and related parties with proxies collectively will represent 9,403,598 shares, representing 13,13% of the share capital and votes in the company.

The proxies are without voting instructions and are valid for this Annual General Meeting only.

As a result of the said proxies Ove Gusevik, exceeded on 28 April 2008 the disclosure requirement limit of 10% of the share capital and votes in the company.

It is mandatory to publish this information according to the § 4-2 of the Securities Trading Act.

For further information, please contact:

Jon Asbjørn Bø, CEO, (+47) 930 86 932
E-mail: jab@simrad-optronics.no

Homepage: www.simrad-optronics.no