[Press Release, March 06, 2008]
Bonus programme – Participation lapsed
Kitron ASA (“Kitron”) issues this notice on behalf of the primary insider concerned. Any payment from Kitron’s bonus programme related to the share price development is conditional upon the recipient remaining employed in the company in a position that is included in the programme. Almante Medziausiene, formerly Managing director of the subsidiary UAB Kitron in Lithuania, left employment with Kitron at the end of February 2008. Mrs. Medziausiene holds zero shares or other rights to shares in Kitron ASA. Mrs. Medziausiene will remain on Kitron’s primary insider list until the first interim report following her departure has been issued. 29 February 2008 Kitron ASA For further information, please contact: Jørgen Bredesen, CEO of Kitron ASA, phone: (+47) 4825 2584, or e-mail: jorgen.bredesen@kitron.com Erling Svela, CFO of Kitron ASA, phone: (+47) 4062 1040, or e-mail: erling.svela@kitron.com Kitron is one of Scandinavia’s leading companies in development, industrialisation and manufacturing of electronics for the Data/Telecom, Defence/Marine, Medical equipment and industrial sectors. The company is located in Norway, Sweden and Lithuania. Kitron had a revenue of about NOK 1.9 billion in 2007 and has about 1,300 employees. See also www.kitron.com
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