Treasury shares

Kongsberg Automotive ASA ("KA") has finalized its treasury share purchase.

1. No further treasury shares will be purchased, with reference to the stock
exchange notification dated 12 May 2017. In total KA bought 2,000,000 shares
through broker at an average price of NOK 6.7010 per share. KA's total holding
of treasury shares after this transaction is 3,228,134 shares.
Investors/analysts:

Norbert Loers, Chief Financial Officer; mobile: +41 79 159 68 16

Media:

Fredrik Tangeraas, Director, Corporate Communications; mobile: +47 924 64 699
About Kongsberg Automotive:

Kongsberg Automotive provides world class products to the global vehicle
industry. Our products enhance the driving experience, making it safer, more
comfortable and sustainable. With revenues of around EUR 1.0 billion and 10.000
employees in 19 countries, Kongsberg Automotive is truly a global supplier. The
company is headquartered in Switzerland and has 29 production facilities
worldwide. The product portfolio includes seat comfort systems, driver and
motion control systems, fluid assemblies, and industrial driver interface
products developed for global vehicle manufacturers. Find more information at
www.kongsbergautomotive.com