For Immediate Release

Vishay Precision Group Reports Fourth Quarter and Full Year 2012 Results

Company completes KELK asset acquisition for approximately $50 million Canadian. Acquisition expected to be accretive in 2013.

Cash generated from operations for the fourth quarter was $7.6 million. Net earnings for the fourth quarter were $5.2 million, or $0.37 per diluted share.

MALVERN, Pa. (February 12, 2013) -- Vishay Precision Group, Inc. (NYSE: VPG), a leading producer of precision sensors and systems, based on its resistive foil technology, today announced results for the fourth quarter and full year ended December 31, 2012.

Net revenues for the fourth quarter of 2012 were $51.0 million, representing a 9.6% decrease from $56.4 million of net revenues for the comparable prior year period. Net revenues for the full year ended December 31, 2012 were $217.6 million, representing an 8.6% decrease from the $238.1 million of net revenues for the comparable prior year period. Comparing the results of the fourth quarter of 2012 to the third quarter of 2012, net revenues for the fourth quarter of 2012 decreased by $4.4 million, or 8.0%, from $55.4 million.

Net earnings attributable to VPG stockholders for the fourth quarter were $5.2 million, or $0.37 per diluted share, compared to net earnings for the fourth quarter of 2011 of $1.2 million, or $0.09 per diluted share. Net earnings attributable to VPG stockholders for the full year 2012 were $11.7 million, or $0.84 per diluted share compared to $10.8 million, or $0.78 per diluted share for the prior year period.

Net earnings attributable to VPG stockholders for the fourth quarter and full year 2012 include various items affecting comparability, as listed on the attached reconciliation table. Adjusted net earnings for the fourth quarter of 2012 were $2.0 million or $0.15 per diluted share, versus net earnings of $1.2 million, or $0.09 per diluted share for the comparable prior year period. Adjusted net earnings for the full year 2012 were $8.6 million or $0.62 per diluted share, versus net earnings of $10.8 million, or $0.78 per diluted share for the comparable prior full year. Adjusted net earnings for the fourth quarter of 2012 increased by $0.1 million to $2.0 million compared to the third quarter of 2012.

Ziv Shoshani, chief executive officer of VPG, said, “Cash flow was impressive in the fourth quarter and for the year. Revenues have decreased on a year-over-year basis, primarily in Europe, and to a lesser extent in Asia -- a reflection of the soft global industrial segment environment. We continue to execute our strategy of enhancing organic growth and operational efficiency, investing in our technology and pursuing acquisitions with the goal of increasing shareholder value.”

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The following information was filed by Vishay Precision Group, Inc. (VPG) on Tuesday, February 12, 2013 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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