Share capital

At 31 December 2007, the Group's share capital consisted of 30 000 000 shares with a nominal value of NOK 5 each.

Share capital trends Type of expansion	Date	Number of shares	Nominal value	Amount in MNOK	Adjustment factor	Share capital MNOK
Stock Exchange listing	13 Dec 93	5 850 000	20	117		117
Private placement with employees	1996	6 000 000	20	3		120
Share split	1997	24 000 000	5		1:4	120
Share issue	1999	30 000 000	5	30		150

Principal shareholders at 31 Dec. 2007

Name	Number of shares	Percentage share
Norw. Govt. Repr. by the Ministry of Trade and Industry	15 000 400	50.00 %
Norw. National Insurance Fund	2 676 810	8.92 %
Arendals Fossekompani ASA	2 388 199	7.96%
MP Pensjon	1 203 200	4.01%
Skagen Vekst	850 000	2.83%
Odin Norge	772 850	2.58%
Orkla ASA	700 200	2.33%
Odin Norden	607 707	2.03%
Ferd AS	500 000	1.67%
Vital Forsikring ASA	254 967	0.85%
Total	24 954 323	83.18%
Other (stake < 0.85%)	5 045 677	16.82%
Total number of shares	30 000 000	100.00%

Shareholders, by size of holding

Number of shares	Number of owners	Holding (%)
1 – 100	2 523	0.47%
101 – 1 000	2 373	2.51%
1 001 – 10 000	390	3.21%
10 001 – 100 000	69	8.16%
100 001 – 1 000 000	11	14.76%
More than 1 000 000	4	70.89%
Total	5 370	100.00%

Of the 5 370 shareholders at 31 Dec. 2007, 321 foreign shareholders owned a total of 3.79 per cent of the shares.

Treasury shares

At year-end, Kongsberg Gruppen held 18 585 treasury shares for use in employee share programmes. The shares were purchased in accordance with the authorisation issued by the Annual General Meeting, authorising the buy-back of up to 5 per cent of the shares outstanding.

	Number
Holding of treasury shares at 31 Dec. 2006	3 808
Purchase of treasury shares	180 100
Treasury shares conveyed to employees	165 323
Holding of treasury shares at 31 Dec. 2007	18 585

Divestments of treasury shares are recognised at market value on the date of the sale, while the employee discount was booked as wages - MNOK 7 in 2007 and MNOK 3 in 2006. A total of 41 999 options have been issued to employees (including corporate management). No new options were issued in 2007. The options have been awarded under the share programme conducted for all employees in the Group. For a more detailed description of the employee share-option programme, please see Note 10 "Personnel expenses" and the chapter on "Shares and share­holders".

Dividends

	2007	2006
Dividend paid in MNOK	75	65
Dividend paid in NOK per share	2.50	2.15

The Board of Directors has proposed dividends for 2007 of MNOK 150. This is equivalent to NOK 5.00 per share.