06.05.2010 08:07

Due to the voluntary offer of today made by Rheinmetall AG to acquire
all issued and outstanding shares in Simrad Optronics ASA, the Board of
Directors of Simrad Optronics ASA has decided to precipitate the
disclosing procedures for the financial figures for 1st Quarter 2010.

Please find attached the profit and loss statement, the balance sheet,
the cash flow statement and information about order backlog per end of
1st Quarter 2010, approved by the Board of Directors.

The full 1st Quarter 2010 report will be announced through a stock
exchange release and presendted on 11th May 2010 at Felix conference
centre in Oslo, as previously announced. However, please note that the
presentation is rescheduled to 03:00 pm. The presentation will also be
covered by web cast.

For further information, please contact:
Jon Asbjørn Bø, President & CEO, telephone: +47 930 86 932, e-mail:
jab@simrad-optronics.no or
Tor Ivar Kolpus, CFO, telephone: +47 901 44 507, e-mail:
tik@simrad-optronics.no

Homepage: www.simrad-optronics.no

Simrad Optronics ASA (Oslo Stock Exchange ticker: SIT) is a global
leading niche supplier to the world wide defence market with its main
activities related to the following product areas: Remotely controlled
weapon systems, electro optics, weapon improvement and vehicle systems.
The company has subsidiaries in Norway (Vinghøg AS et al), the United
States (Vingtech Corp) and in Australia (Vingtech Australia Pty Ltd).

Enclosure