Kongsberg Automotive

Share Issue/Capital Change • Jun 2, 2017

Filing to the stock exchange Kongsberg Automotive ASA

Grant of restricted shares in Kongsberg Automotive ASA ("the Company").

1. On 2 June 2017, KA's Board of Directors were granted 73,530 restricted shares, of which 73,530 to primary insiders.

The underlying shares have been provided by transfer of the Company's holding of treasury shares. Subsequent to the transaction, Kongsberg Automotive ASA holds 3,154,604 own shares.

The shares were granted on terms resolved by the Company's Annual General Meeting on 1 June 2017:

• Each of the Directors shall receive restricted shares in KA for NOK 100,000.
• No consideration shall be paid for the shares, but the Directors cannot sell any of these shares before June 2, 2020.

The number of shares have been determined based on a market price of NOK 6.80 per share.

1. The primary insiders mentioned below were granted the following number of shares:

Bruce E. Taylor	14,706
Ellen M. Hanetho	14,706
Thomas Falck	14,706
Gunilla Nordstrom	14,706
Ernst F. Kellermann	14,706
	73,530

3. New holding

After grant, the primary insiders mentioned in paragraph 2 hold the following number of shares in Kongsberg Automotive ASA:

Bruce E. Taylor	156,497
Ellen M. Hanetho	14,706
Thomas Falck	1,014,706
Gunilla Nordstrom	14,706
Ernst F. Kellermann	14,706