Drilling vessels contracts worth MNOK 280

KONGSBERG has been awarded a contract-series with Korean shipyards worth apprx. NOK 280 million for delivery of Dynamic Positioning and Integrated Control Systems to Drilling Vessels.

The building of the vessels will take place at several shipyards.

For further information, please contact:
Jan Erik HoffVP Investor Relations Tel: +47 32 28 83 30Mob: +47 991 11 916

KONGSBERG (OSE Ticker: KOG) is an international, knowledge-based group that supplies high-technology systems and solutions to customers engaged in the oil and gas industry, the merchant marine industry, and the defence and aerospace industries. In 2010, KONGSBERG had a turnover of NOK 15.5 billion, and the Group had 5 681 employees in more than 25 countries.

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