Mandatory notification of trade

Today Kongsberg Gruppen sold 14 752 treasury shares at a price of NOK 93 to employees in connection with an option programme. Following this sale, the Group owns 3 808 treasury shares.

The sale is connected to an option programme based on the share programme conducted in 2004. Employees who took part in the above-mentioned share programme were granted an option to buy up to 196 shares in June 2006, at a price of NOK 93 per share. The options have been redeemed partly through employees buying shares for NOK 93, and partly by employees getting a net redemption, based on a share price of NOK 148,50.

Enclosed please find a list of the primary insiders who have used the option to acquire shares.