2013-01-08 16:06:35 -

Drammen, 8 January, 2013: Eltek ASA has started working to recruit a new Chief
Financial Officer, as current CFO Pål Skistad has resigned from his position.

Skistad will remain in the position through the reporting of the interim results
for the fourth quarter and full year 2012, and will leave the company by the end
of February 2013.

Skistad has been with Eltek since 2001, and the company would like to thank him
for his contributions over the past twelve years.

For further information, please contact:
CEO Colin Howe, Eltek ASA, tel: +44 776 846 6446
CFO Pål Skistad, Eltek ASA, tel: +47 908 50 378

About Eltek ASA:

Eltek is a strategic technology partner within power solutions. The Company
reported revenue of NOK 3.6 billion in 2011, and has approximately 2,400
employees   in close to 40 countries. The company focuses on power electronics
markets, where the company is one of the leaders in telecom power and a growing
force within industrial applications. Eltek also holds growth opportunities
within solar power, e-vehicles, and datacenters. Eltek is listed on Oslo Stock
Exchange and headquartered in Drammen, Norway.



This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.



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Source: Eltek ASA via Thomson Reuters ONE
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