Kitron — Director's Dealing 2010

Jan 21, 2010

Mandatory notification of trade

(2010-01-20) Kitron ASA issues this notice on behalf of primary insider Jørgen

Bredesen, CEO of Kitron ASA.

Jørgen Bredesen has sold 150,000 shares in Kitron ASA at an average price of NOK

3.36 per share. The sale takes place as a consequence of the need for liquidity

in connection with the financing of a major real estate project in Asker,

Norway. Following this transaction Jørgen Bredesen holds 0 shares in Kitron ASA.

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)

[HUG#1375467]