Kongsberg Automotive

Transaction in Own Shares • Nov 24, 2017

Kongsberg Automotive ASA ("KA") has finalized its treasury share purchase.

Kongsberg Automotive ASA ("KA") has finalized its treasury share purchase.

1. No further treasury shares will be purchased, with reference to the stock

exchange notification dated 9 November 2017. In total KA bought 2,500,000 shares

through broker at an average price of NOK 10.7533 per share. KA's total holding

of treasury shares after this transaction is 1,849,212 shares.

Investors/analysts:

Norbert Loers, Chief Financial Officer; mobile: +41 79 159 68 16

About Kongsberg Automotive:

Kongsberg Automotive provides world class products to the global vehicle

industry. Our products enhance the driving experience, making it safer, more

comfortable and sustainable. With revenues of around EUR 1.0 billion and 10.000

employees in 19 countries, Kongsberg Automotive is truly a global supplier. The

company is headquartered in Switzerland and has 30 production facilities

worldwide. The product portfolio includes seat comfort systems, driver and

motion control systems, fluid assemblies, and industrial driver interface

products developed for global vehicle manufacturers. Find more information at

www.kongsbergautomotive.com