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Hitt og þetta 21. apríl 2006

KIT - Positive Profit Warning

Kitron's earnings for first quarter 2006 will be considerably higher than for the same period last year, and also higher than the expectations of the analysts. The high earnings are due to a significantly higher turnover than in the same period of last year, as well as lower operating costs.

Kitron will present their figures for the first quarter on Thursday, 11 May at 08:30 at the Hotel Continental.

For further information please contact:

Jan T. Jørgensen, CEO, Kitron ASA, mobile +47 918 37 759 Morten Jurs, CFO, Kitron ASA, mobile +47 991 67 922

Kitron is one of Scandinavia`s leading companies in development, industrialisation and production for the data/telecom, defence/marine, medical and other industries. The company is located in Norway, Sweden and Lithuania. Kitron had a turnover of approx. NOK 1,6 billion in 2005 and has approx. 1,200 employees.