In the voluntary public cash offer (the "Offer") to acquire all outstanding shares in Simrad Optronics ASA ("Simrad Optronics"),Rheinmetall AG ("Rheinmetall") announces that following the expiration of the Offer period at 17.30 CET on 9 June 2010, Rheinmetall controls approximately * 89.2 percent of the issued and outstanding shares in Simrad Optronics. 

Rheinmetall waived the condition to receive acceptances from shareholders representing more than 90 percent of the entire issued and outstanding share capital and voting power in Simrad Optronics in a stock exchange announcement made by Rheinmetall on 8 June 2010.

Rheinmetall intends to complete the Offer subject to the satisfaction or waiver of the remaining conditions to the Offer as set forth in the Offer Document, Section 3.9, as soon as possible. 

There may be adjustments to the preliminary result due to possible corrections and changes following registration with the Verdipapirsentralen (VPS). The final result will be published as soon as it is available.

For further information, please contact:

First Securities AS
Fjordalléen 16
P.O. Box 1441 Vika
0115 Oslo
Norway
Tel: (+47) 23 23 80 00
Fax: (+47) 23 23 80 11