Reference is made to the stock exchange announcement 
of 6 May 2010 where Rheinmetall AG ("Rheinmetall") 
announced a voluntary offer subject to certain terms 
and conditions (the "Offer") for all the shares in 
Simrad Optronics ASA ("SIT") and the offer document 
dated 11 May 2010 (the "Offer Document"), which 
contains detailed terms and conditions for the Offer.

On 25 June 2010, Rheinmetall received confirmation 
that the Austrian competition authorities have 
cleared the consummation of the Offer without any 
conditions. On 16 June 2010 confirmation of the same 
was received by the Norwegian Competition Authority. 
As such all regulatory approvals required for 
consummating the Offer have been obtained. As further 
stipulated in the Offer Document, Rheinmetall will 
settle the Offer within 14 days from the date hereof, 
subject to the satisfaction or waiver by Rheinmetall 
of the remaining Closing Conditions as set out in 
section 3.9 d), e), f) and g) of the Offer Document 
until settlement.