Jørgen Larsen has been appointed new CEO of Eltek ASA and Colin Howe new CEO of
Eltek Valere, following the resignation of Rune Finne earlier in September. The
appointments take effect from 1 October, 2010.

Jørgen Larsen (60) currently holds the position as EVP Business Development, and
has earlier been CFO and also acting CEO of Eltek ASA. Mr Larsen has been with
Eltek since 1995.

Colin Howe (47) is currently EVP Global Sales in Eltek Valere, with
responsibility for the telecom power division which is the largest business area
in the company. He has over the years held a number of leading positions in
Eltek Valere, including President of the Americas Region, President of the
European Region and Managing Director of Eltek UK. Mr Howe joined Eltek UK as an
Applications Engineer in 1989.

"Eltek faces important choices with regards to the strategic development of the
company. Jørgen Larsen has extensive experience from both the financial and
operational side of our business, and has also earlier shown that he can provide
the leadership needed to push this development forward. Colin Howe has been with
the company for more than 20 years and been instrumental in the development of
Eltek Valere into one of the world's leading suppliers of power solutions," says
William H. Crown, Chairman of the Board in Eltek ASA.



For more information, please contact:

William H. Crown, Chairman of the Board of Eltek ASA, tel: + 1 312 543 1739
Jørgen Larsen, CEO of Eltek ASA, tel: +47 905 27 930



About Eltek:
Eltek is a strategic technology partner within power solutions and microwave
radio transmission, through its three business units Eltek Valere, Nera Networks
and Nera Telecommunications. The company reported revenue of NOK 5.8 billion in
2009, and had close to 3,330 employees in more than 50 countries at the end of
the year. Eltek is listed on Oslo Stock Exchange and headquartered in Drammen,
Norway.

Eltek Valere is a technology leader developing and marketing high-efficiency
(HE) power solutions for telecom and industrial applications. The company also
has a growing business activity towards renewable markets, such as photovoltaic
grid inverters and chargers for electric vehicles. Headquartered in Drammen,
Norway, the company's global operations counts approximately 2,000 employees,
and generated revenue of NOK 3.1 billion in 2009.


This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)


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Source: Eltek ASA via Thomson Reuters ONE