Kitron — AGM Information 2010

Oct 18, 2010

Notice of Extraordinary General Meeting on 8 November 2010 at 15:00

(2010-10-18) An Extraordinary General Meeting of Kitron ASA ("Kitron") will be

held on Monday 8 November 2010 at 15:00 at Kitron ASA's head office, Olav

Brunborgs vei 4, 2(nd) floor, Billingstad.

The agenda follows below. The full notice is enclosed.

***

The general meeting will be opened by the chairman of the board of directors.

The board proposes the following agenda:

1.    Election of chairman of the meeting

2.    Approval of the notice and the agenda

3.    Election of one person to co-sign the minutes

4.    Election of board members

5.    Election of nomination committee members

Shareholders wishing to attend the Extraordinary General Meeting, in person or

by proxy, are encouraged to give notice of attendance to the company's

registrar, DnB NOR Bank ASA, Verdipapirservice, NO-0021 Oslo, Norway,

alternatively on telefax +47 22 48 11 71 by submitting the enclosed form or

electronically on Kitron's website www.kitron.com, under Investors, EGM 8

November or through "Investortjenester", a service provided by most Norwegian

registrars. Shareholders who cannot attend the Extraordinary General Meeting in

person may authorize the Chairman of the board of directors or any person to

attend and vote in the Extraordinary General Meeting on his/hers behalf by

filling in and sending the attached proxy form. Any proxy for voting at the

Extraordinary General Meeting must be in writing, dated and signed. In order to

ensure that the notice of attendance and proxies are taken into consideration

they should be received by the company's registrar no later than Thursday 4

November 2010 at 16:00.

Shareholders have the possibility to vote in advance. Such advance votes must be

made electronically through Kitron's website www.kitron.com, under Investors,

EGM 8 November, and must be received no later than Thursday 4 November 2010 at

16:00.

Kitron has introduced regulations on a record date in the company's articles of

association, which for the purposes of this Annual General Meeting, implies that

only shareholders registered in the company's share register at 1 November 2010

are allowed to participate and vote in the general meeting. If a shareholder

holds his shares through a nominee in the VPS register, and the beneficial

shareholder wants to attend the general meeting and vote for his shares, the

beneficial shareholder must have his shares transferred to an interim voting

account in the VPS at the record date.

Shareholders have the right to suggest resolutions in matters that are presented

to be dealt with before by the general meeting. Shareholders have the right to

be assisted by an advisor, and may give one advisor the right to speak.

A shareholder may demand that board members and the chief executive officer

provide available information at the general meeting about matters that may

affect the assessment of items that have been presented to the shareholders for

decision. The same applies to information regarding Kitron's financial position

and other business to be transacted at the general meeting, unless the

information demanded cannot be disclosed without causing disproportionate harm

to Kitron.

At the time of the notice there are 172,961,625 outstanding shares in Kitron

ASA. Each share gives right to one vote in the General Meeting, however, no

votes may be cast for shares held by Kitron. At the date of this notice, Kitron

owns no own shares.

Billingstad, 18 October 2010

On behalf of the board of directors in Kitron ASA

Nerijus Dagilis

Chairman

[HUG#1452662]