Kongsberg Automotive

Major Shareholding Notification • Jul 6, 2017

Filing to the Oslo Stock Exchange with respect to: Kongsberg Automotive ASA

Filing to the Oslo Stock Exchange with respect to: Kongsberg Automotive ASA

Pursuant to the requirements on notifications as detailed in

the Norwegian Securities Trading Act Section 4-3 subsection

(1) we hereby provide the following information to you per

our notification obligations:

(a) the name of the issuer of the shares:

Kongsberg Automotive ASA (KOA)

(b) the date on which the proportion of shares held

reached, exceeded or fell below the thresholds set in the

Securities Trading Act section 4-3 subsection (1):

5 July 2017

(c) name of the entity subject to the disclosure

obligation, including the names of the shareholders:

Teleios Capital Partners LLC, the entity subject to the

disclosure obligation, has investment management agreements

in place with the four entities listed below which together

form a group for disclosure purposes. In aggregate the four

members of the group's shareholding exceeds the disclosure

threshold.

1) Teleios Global Opportunities Master Fund, Ltd.

(Teleios Master Fund)

2) 2B LLC

3) Arango Trading & Finance Corp. (ATFC)

4) Blackwell Partners LLC - Series E

(Blackwell)

(d) the number of shares the notification encompasses:

61,192,477

(e) the subsequent situation with regard to voting

rights, including the percentage of the votes and shares of

the company held by the entity concerned:

Please see table in attachment.

(f) what percentage of the votes and shares of the

company the entity concerned holds in the form of rights to

shares:

None

(g) the circumstance that triggered the disclosure

obligation and whether such circumstance applied to the

entity concerned himself or to any related party as

mentioned in the Securities Trading Act section 2-5:

Net Share purchases of 246,799 shares on 5 July 2017

(h) the chain of controlled undertakings through which

the shares or rights are owned:

As detailed in c) & e) above

(i) where the notification concerns rights to shares as

mentioned in the Securities Trading Act section 4-3

subsection (4) the notification shall also contain a

description of the rights, including information on the date

and time that the rights will or can be exercised and the

date and time of their expiry:

Not Applicable

(2) If the obligation to notify under this section rests

with more than one person, a joint notification may be

submitted. Submitting a joint notification does not release

the individual person from his responsibilities under the

Securities Trading Act section 4-3 and this section.

Please contact Cark Speck on + 41 41 506 5656 for any

queries relating to this notification