Nordic Credit Rating ("NCR") has on 7 April 2021 assigned an "A-" long-term
issuer credit rating on Kongsberg Gruppen ASA ("KONGSBERG") with a "stable
outlook". 

The full report is available at www.nordiccreditrating.com.

The issuer credit rating confirms KONGSBERG's financial policy of having a solid
balance sheet, and should contribute to ensuring access to debt financing at
competitive terms also going forward.

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