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Reference is made to the stock exchange notice dated 27 June 2018 where Kongsberg Automotive ASA (the "Company") announced the successful completion of a private placement, raising NOK 386.4 million in gross proceeds (the "Private Placement").

The share capital increase following from the Private Placement has been registered in the Norwegian Register of Business Enterprises. The Company's share capital has increased with NOK 20,338,406 by issuance of 40,676,812 new shares, each with a nominal value of NOK 0.50.

The Company's new registered share capital is NOK 223,722,471.50 divided on 447,444,943 shares, each with a nominal value of NOK 0.50.

For more information, please contact:
Kongsberg Automotive Corporate Communications:
Marcus von Pock - Communications +41 43 508 94 93
Hallstein Kvam Oma - Investor relations +41 43 508 89 63

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.