Kongsberg Gruppen ASA: Fixed income investor meetings and potential new bond issue

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL

Reference is made to the extended stock exchange announcement made by Kongsberg Gruppen ASA ("KONGSBERG") on 6 July 2018 regarding the acquisition of Rolls-Royce Commercial Marine and the bond loan that will be issued in connection thereto, and to section 6.10 of the Prospectus published by KONGSBERG on 6 November 2018.

KONGSBERG has engaged Arctic Securities and Nordea to arrange a series of fixed income investor meetings in the Nordic region, commencing on Monday 19 November 2018. Following the investor meetings, the issuance of up to NOK 1 billion of senior unsecured bonds with maturity of up to 5.5 years may be completed, subject to market conditions.

MiFID II professionals/ECPs/Retail/No PRIIPs KID - Manufacturer target market (MIFID II product governance) is eligible counterparties and professional clients and also retail clients (all distribution channels). No PRIIPs key information document (KID) has been prepared.

For further information, please contact:
Gyrid Skalleberg Ingerø, CFO, +47 926 67 00
Per HÃ¥vard Siljan Hjukse, Group VP Finance & Treasurer, +47 93 05 72 98

KONGSBERG (OSE-ticker: KOG) is an international, knowledge-based group delivering high technology systems and solutions to clients within the oil and gas industry, merchant marine, defence and aerospace. KONGSBERG has 7 000 employees located in more than 25 countries and total revenues of NOK 14.5 billion in 2017. Follow us on Twitter: @kongsbergasa.

This announcement may not be distributed or sent into the United States or any other jurisdiction in which such distribution would be unlawful or would require registration or other measures. These materials are not an offer for sale of securities in the United States or any other country. The securities referred to herein have not been registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"), and may not be sold in the United States absent registration or pursuant to an exemption from registration under the U.S. Securities Act. The Company does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in the United States.