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Distributed: Oct 22, 2008

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Kitron ASA (OSL:KIT) Kitron ASA's subsidiary UAB Kitron in Kaunas, Lithuania, has received new orders within the Marine segment of NOK 90 million for first half 2009. Deliveries of the new orders will take place during first half 2009.

"We are pleased to see that deliveries to these projects in 2009 are expected to be substantially greater than in 2008" says Mindaugas Sestokas, Managing director of UAB Kitron.

21 October 2008 Kitron ASA

For further information, please contact: Mindaugas Sestokas, Managing director UAB Kitron, phone: +370 37409330, or e-mail: mindaugas.sestokas@kitron.com Jørgen Bredesen, CEO of Kitron ASA, phone +47 48 25 25 84 or e-mail jorgen.bredesen@kitron.com

Kitron is one of Scandinavia's leading companies in development, industrialisation and manufacturing of electronics for the Data/Telecom, Defence/Marine, Medical equipment and Industry sectors. The company is located in Norway, Sweden and Lithuania. Kitron had a revenue of about NOK 1.9 billion in 2007 and has about 1,400 employees. www.kitron.com

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Kitron ASA

http://www.kitron.com

ISIN: NO0003072209

Stock Identifier: XOSL.KIT



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