Kitron proposes dividend


(2012-03-21)The Board of Directors of Kitron ASA has approved the annual report and has decided to propose to the Annual General Meeting (AGM) to pay a dividend of NOK 0,05 per share for the financial year 2011. The financial accounts remain unchanged compared with the Q4 report.


The AGM will be held 26 April 2012. Provided that the AGM adopts the proposal, the share will be traded ex-dividend as from 27 April 2012, and the dividend will be paid on or about 9 May 2012.


For further information, please contact:

Jørgen Bredesen, CEO of Kitron ASA, phone: (+47) 4825 2584, or e-mail: jorgen.bredesen@kitron.com

Björn Wigström, CFO of Kitron ASA, phone: (+47) 9053 1304, or e-mail: bjorn.wigstrom@kitron.com



Kitron is one of Scandinavia's leading electronics manufacturing services companies for the Defence, Energy/Telecoms, Industry, Medical equipment and Offshore/Marine sectors. The company is located in Norway, Sweden, Lithuania, Germany, China and the United States. Kitron had revenues of about NOK 1.7 billion in 2011 and has about 1,200 employees. www.kitron.com



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