Tuesday, March 27, 2007



  

Press Release



FERD PRIVATE EQUITY FUND II ACQUIRES HATTELAND DISPLAY
(Lysaker, 27. March 2007)

Ferd Private Equity Fund II (FPEF II) has signed an agreement to acquire 90 % of the shares in Jakob Hatteland Display AS (Hatteland Display).




FPEF II acquires in total 90% of the shares in the marine display and panel computer producer Hatteland Display, from Jakob Hatteland Holding and
CEO Knut Vidar Lauritsen. Lauritsen will retain an ownership of 10% in the company.

Hatteland Display, with headquarters and production in Nedre Vats, close to Haugesund in Norway, is a leading player within development and
production of type approved displays and panel computers. The products are used by system integrators and can be found on all vessel types,
all over the world. The company has approx. 110 employees.

Hatteland Display was established in 1987, and has achieved great success and high growth over the last years. The company has a strong
product portfolio and with a focus on knowledge and quality has gained a strong position in the market. In 2006 Hatteland Display had
revenues of approx. NOK 280 million.

Ferd Private Equity Fund II is an investment fund with NOK 4.25 billion in committed capital from Norwegian and international investors.
FPEF II has financial strength enabling the fund to take dominant ownership positions in well-established companies with potential for further
growth. FPEF II has previously acquired Nille AS and MicroMatic AS and has also signed an agreement to acquire the wholesaler Festival AS.
Ferd Private Equity Fund I, established in 2004, has previously acquired Pronova Biocare AS, Noratel AS, Handicare AS, Wonderland AS, Carpe
Diem Beds of Sweden AB and D&F Group AS.

Ferd Equity Partners AS is the exclusive advisor to Ferd Private Equity Fund. Ferd Equity Partners is headed by Gert Munthe, Morten Blix and
Tore Rynning-Nielsen.

"We are very pleased with the acquisition of Hatteland Display", says Managing Partner Gert W. Munthe of Ferd Equity Partners. "The company
has through its products and its strong focus on knowledge and quality gained a solid position within monitors in the maritime sector. We see
potential for further growth, and hence the company fits well into our investment strategy."




Contacts:

Managing Partner in Ferd Equity Partners AS: Gert W. Munthe,
telephone (+47) 6710 8050
mobile (+47) 920 22 363
www.ferdpe.no

CEO in Hatteland Display: Knut Vidar Lauritsen
telephone (+47) 5276 3720
mobile (+47) 900 30 199
www.hatteland.com/jhi/



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Jakob Hatteland Display AS
Åmsosen, N-5578 Nedre Vats, Norway
Tel: +47 5276 3700, Fax: +47 5276 5444 (Head Office)