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Regulatory press release

KOG: KONGSBERG to upgrade the Combat System at RNoN Corvettes, Skjold Class

Kongsberg Gruppen
Kongsberg Defence & Aerospace has been assigned by Norwegian Defence Materiel
Agency to upgrade the combat system on the Royal Norwegian Navy's Skjold Class,
to contribute to the life extension. The contract amount is 267 MNoK.

The Skjold Class is a vital asset for the Navy and in addition to a ship
technical modernization, the combat system will be upgraded with a similar
system that is in operation on the Nansen Class today. Kongsberg Defence &
Aerospace is proud to deliver the combat system and to contribute to life
extension of the Skjold Class.

«When the Skjold class corvettes are to be upgraded with life extension
technology, it is crucial to change the combat system on board to ensure combat
capability during their lifetime. The upgrade mainly consists of a new combat
management system, which is coordinated with the Nansen class frigates. We will
also do a updating of tactical data links and other functions in the combat
system ", says division director Kjetil Reiten Myhra in Kongsberg Defence &
Aerospace

"Kongsberg Defence & Aerospace are proud that we once more is given the trust to
continue the work with the life extension of the Skjold Class. We are looking
forward to integrate the best solutions of technology to provide combat
readiness for the Royal Norwegian Navy" says president, Eirik Lie of Kongsberg
Defence & Aerospace.

KONGSBERG Defence & Aerospace
KONGSBERG Defence & Aerospace, a subsidiary of KONGSBERG, is Norway's premier
supplier of defence and aerospace-related systems and solutions. The company's
portfolio comprises products and systems for command and control, information,
data handling and surveillance, communications solutions, space technology,
missiles and remotely controlled systems. KONGSBERG Defence & Aerospace also has
extensive capabilities within advanced composite manufacturing and maintenance,
repair and overhaul within the aircraft and helicopter market.

Kongsberg (OSE-ticker: KOG) is an international, knowledge-based group that
supplies high-tech systems and solutions to customers in the merchant navy and
oil & gas, defence and aerospace industries. Kongsberg has almost 11,000
employees in 40 countries.
Follow us on Twitter: @kongsbergasa.
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