Kongsberg Automotive wins new EUR 3.8 million contract with a major European Heavy Duty Trucks manufacturer

Fluid Transfer Systems (FTS) are pleased to announce a further EUR 3.8 million of new business contracts with one of Europe's major manufacturers of Heavy Duty Trucks.

This is an extension to an award made late in 2012 and production will commence later this year from the FTS facility in Epila, Spain, and will run for 6 years. The product is part of the Power-Train assembly range and utilizes the high-temperature product, Fluoro-Comp.

"Having unique products such as Fluoro-Comp within our range enables us to design cost effective, high performance assemblies that make KA the ideal partner for Truck & Engine builders required to meet stringent Euro 6 emission standards", commented Sales Director David Redfearn.

Media:

Hans Peter Havdal, CEO

Phone: 47 920 65 690

Investors / analysts:

Philippe Toth, Director, M & A / Investor Relations

Phone: 4732770503. Mobile: 4798214021

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