Aker BP

Declaration of Voting Results & Voting Rights Announcements • Jul 17, 2014

Aker ASA: Primary Insider Notice

Aker ASA: Primary Insider Notice

(This is a copy of announcement from Aker ASA,

17.07.2014 at 13:30 hours.)

NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR

INDIRECTLY, IN OR INTO THE UNITED STATES OR ANY OTHER

JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE

WOULD BE UNLAWFUL

Reference is made to the on-going rights issue in Det

norske oljeselskap ASA (the "Company") (the "Rights

Issue").

Aker Capital AS is a primary insider in the Company

and currently holds 70 339 610 shares in the Company.

Today Aker Capital AS has exercised its subscription

rights for 30 949 428 new shares in the Rights Issue,

equalling the number of subscription rights granted

to Aker Capital AS in its capacity as shareholder in

the Company.

Following the allocation of the new shares in the

Rights Issue and registration of the new shares with

the Norwegian Register of Business Enterprises, Aker

Capital AS will hold 101 289 038 shares in the

Company, equalling an unchanged ownership of 49.99%

of the total shares in the Company.

***

This announcement is not for publication or

distribution, directly or indirectly, in the United

States (including its territories and possessions, any

state of the United States and the District of

Columbia). This announcement does not constitute or

form part of any offer or solicitation to purchase or

subscribe for securities in the United States.

Securities may not be offered or sold in the United

States absent registration or an exemption from

registration. The securities referred to herein have

not been and will not be registered under the U.S.

Securities Act of 1933, as amended(the "U.S.

Securities Act"), or With any securities regulatory

authority of any state or other jurisdiction of the

United States, and may not be offered or sold in the

United States or to, or for the account of, U.S.

persons (as such term is defined in Regulation S

under the U.S. Securities Act), except pursuant to an

effective registration statement under, or an

exemption from the registration requirements of, the

U.S. Securities Act. All offers and sales outside the

United States will be made in reliance on Regulation

S under the U.S. Securities Act. No public offering of

securities is being made in the United States.

About Det norske:

Det norske oljeselskap ASA (DETNOR) is an active

company on the Norwegian Continental Shelf. The

Company's headquarters is in Trondheim. The Company

also has offices in Oslo and Harstad. The Company is

listed on the Oslo Stock Exchange with the

ticker "DETNOR". More about Det norske at

www.detnor.no/en/

This information is subject to disclosure

requirements pursuant to section 5-12

of the Norwegian Securities Trading Act.

[HUG#1829153]