Minutes from the Annual General Meeting of Simrad Optronics

2.23 PM CET / 6-May-2010 / Simrad Optronics ASA (OSE:SIT)

The Annual General Meeting of Simrad Optronics ASA was held today, Thursday May 6th, 2010.

Please find the minutes attached.

The general meeting resolved to adopt the Board of Directors’ proposal for dividend with NOK 0.20 per share.

Please note that the company’s shares will be traded exclusive the right to receive dividend effective from

and including Friday May 7th, 2010.

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

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), the United States (Vingtech Corp) and in Australia (Vingtech Australia Pty Ltd).

Minutes from the Annual General Meeting of Simrad Optronics ASA