Revenues for the year amounted to EUR 1 billion, which was in line with the guidance. Revenues were EUR 232.6 million in the fourth quarter, including a favourable currency effect of EUR 8.9 million, down EUR 13.5 million (-5.5%) compared to the fourth quarter 2011.

EBITDA in 2012 was EUR 77.0 million. Despite the drop in volumes, EBITDA in the fourth quarter improved by EUR 4.8 million to EUR 19.0 million compared to fourth quarter 2011.

Strong operational cash flow in the fourth quarter of EUR 36.3 million.

Repayment of debt in fourth quarter of EUR 18.0 million, for the full year MEUR 39.3 was repaid.

Key figures

MEUR	Q4 2012	Q4 2011	YTD 2012	YTD 2011
Revenues	232.6	246.1	1001.1	999.7
EBITDA	19.0	14.2	77.0	82.0
EBITDA %	8.1 %	5.8 %	7.7 %	8.2 %
Net profit	(1.7)	(2.8)	5.3	7.8

NIBD/EBITDA	3.8	3.9	3.8	3.9
Equity ratio (%)	24.8 %	23.3 %	24.8 %	23.3 %

For further information, please contact:

Hans Peter Havdal CEO | Phone 47 920 65 690 | e-mail hans.havdal@ka-group.com

Trond Stabekk CFO | Phone 47 982 14 054|e-mail trond.stabekk@ka-group.com

Kongsberg Automotive provides world class products to the global vehicle industry. Our products enhance the driving experience, making it safer, more comfortable and sustainable.

Kongsberg Automotive’s business has a global presence. With revenues of close to EUR 1.0 billion and approximately 11.000 employees in 20 countries, Kongsberg Automotive is truly a global supplier. The company is headquartered in Kongsberg, Norway and has 32 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

Highlights for the fourth quarter and full year 2012