Voluntary cash offer to aquire
all shares in Simtronics ASA

Please find offer document setting out the terms and conditions for the voluntary offer launched by Autronica Fire and Security AS ("Autronica") to acquire all shares in Simtronics ASA, as well as the acceptance form to be used to accept the offer. The offer document has been sent to all shareholders of Simtronics ASA as registered in VPS per 1 March 2011.

The offer price is NOK 1.90 per share payable in cash. The acceptance period runs from and including 2 March 2011 until 15 April 2011 at 17:30 (CET) (subject to extensions). For other terms, conditions and restrictions, please refer to the offer document. The offer is accepted by returning the executed acceptance form before expiry of the acceptance period to:

Danske Bank Corporate Finance
Verdipapirservice
Søndre Gate 13
P.O. Box 4700
7466 Trondheim, Norway
E-mail: vpservice@fokus.no
Fax +47 85 40 79 58

Questions related to the offer may be directed to Danske Bank Corporate Finance by phone at +47 85 40 57 29.

 Simtronics offer document