2013-03-21 08:34:58 -

(2013-03-21)The Annual General Meeting of Kitron will be held on Monday 22 April
2013 at 15:30 at Hotel Continental, Stortingsgaten 24/26, Oslo. Please note that
the interim report for first quarter 2013 will be presented on the same day and
place at 14:30.

The board of Kitron ASA has decided to propose a dividend of 0.10 per share for
the fiscal year 2012. Provided that the Annual General Meeting adopts the
proposal, the dividends will be distributed to the shareholders of record as of
the date of the Annual General and the shares will be traded ex-dividend as from
23 April 2013. The dividend will be paid on or about 3 May 2013.

Further, the board proposes to introduce a share option program for executive
management which entails that executive   management, on certain terms, may be
granted a right to subscribe for shares in Kitron at NOK 0.10 per share after a
vesting period of three years. Completion of the program is subject to a
reduction of the par value of the shares. Hence, the board has proposed to
reduce the pare value per share with NOK 0.90, from NOK 1 to NOK 0.10. The
reduction amount shall be transferred to other equity.

Further information on the matters on the agenda and the board of directors
proposed resolutions are set out in the attached notice.

For further information, please contact:
Björn Wigström, CFO of Kitron ASA, tel.: +47 905 31 304, 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 2012 and has about 1,200 employees.  kitron.com/

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


Notice of Annual General Meeting 2013: 
 hugin.info/197/R/1686723/553120.pdf



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Source: Kitron ASA via Thomson Reuters ONE
[HUG#1686723]