Kongsberg Gruppen ASA held its ordinary Annual 
General Meeting in Kongsberg today. The Board of 
Directors` Annual Report and Financial Statements for 
2011 were approved unanimously. It was decided to pay 
a dividend of NOK 3.75 for 2011.

Roar Flåthen was elected as Deputy Board Member

The Nominating Committee for the coming two-year 
period will be Sverre Valvik(re-elected), 
Knut J. Utvik (re-elected), and Alexandra Morris
(re-elected). 


The Board was given authorisation to buy treasury 
shares for a nominal value of up to NOK 7 500 000. 
The authorisation applies for 12 months from the date 
of the Annual General Meeting.

The signed minutes are enclosed (in Norwegian only).