KUDELSKI SA PAYS A DIVIDEND

Cheseaux, 9 March 2006 – The Board of Directors of Kudelski SA will propose to the Annual General Meeting of May 2nd, 2006 the payment of a dividend of 30 cents (CHF 0.30) per bearer share and 3 cents (CHF 0.03) per registered share, corresponding to 3% of the nominal value.

Last year, for the first time in its history, Kudelski paid a dividend of 20 cents (CHF 0.20) per bearer share. The dividend for 2006 represents a 50% increase compared to last year.

As in the past years, the majority of benefits will continue to be reinvested in strategic technological and business development projects.

The ex-date will be May 5th, 2006.

Contact : Catherine Hugon, +41 21 732 01 54.