Kitron - Report Publication Announcement 2016

CORRECTION: Kitron: Q2 2016 - Solid improvement of all key figures

This is a correction of the announcement from 13:37 13.07.2016 CEST. Reason for

the correction:

(2016-07-13) Due to an editing error, the outlook section of the quarterly

report said that Kitron for 2016 expects an EBITDA margin of 5.3 to 6.3 per

cent. This should say an EBIT margin of 5.3 to 6.3 per cent, meaning that there

is no change to the existing outlook. The information was correctly stated in

the stock exchange notice and the presentation material.

A corrected report is attached.

For further information, please contact:

Cathrin Nylander, CFO, tel: +47 900 43 284

Kitron is one of Scandinavia's leading electronics manufacturing services

companies for the Defence/Aerospace, Energy/Telecoms, Industry, Medical

equipment and Offshore/Marine sectors. The company is located in Norway, Sweden,

Lithuania, Germany, China and the United States. Kitron had revenues of about

NOK 1.95 billion in 2015 and has about 1 250 employees. www.kitron.com

This information is subject of the disclosure requirements acc. to §5-12 vphl

(Norwegian Securities Trading Act).

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