Strategically important agreement of about NOK 100 million

(2010-02-04) Kitron ASA's subsidiary Kitron AS has been awarded a new industrial
project as part of a long term relationship with Danaher Motion Stockholm AB.
The agreement covers development, industrialisation and manufacturing services,
and represents a unification and strengthening of the co-operation between
Kitron AS and Danaher Motion Stockholm AB. The scope of the project represents a
total value of more than NOK 100 million over five years.

Kitron AS in Arendal has for years been an important supplier to Danaher Motion
Stockholm AB. In this project Kitron has been selected because of the expertise
and flexibility that Kitron AS in Arendal has, as well as for the global
expansion that Kitron is now implementing.Overall, this will contribute to
strengthening Danahers competitiveness in the market, and represents recognition
of Kitron's establishment in China.

"Complex industrial products is an important strategic priority area for Kitron.
This contract shows that Kitron possesses the right qualifications that our
customers need," says Dag Songedal, Managing director of Kitron AS.

For further information please contact:
Dag Songedal, Managing Director of Kitron AS, tel. +47 91 38 64 68 or
e-maildag.songedal@kitron.com


Kitron is Scandinavia's leading company in development, industrialisation and
manufacturing of electronics for the Data/Telecoms, Defence, Energy, Industry,
Medical equipment and Offshore/Maritime sectors. The company is located in
Norway, Sweden, Lithuania and China. Kitron had a revenue of about NOK 2.3
billion in 2008 and has about 1,100 employees. www.kitron.com


This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)


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