Akastor — AGM Information 2015

Sep 3, 2015

Akastor ASA : Extraordinary General Meeting

Akastor ASA : Extraordinary General Meeting

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

3 September 2015 - An extraordinary general meeting of Akastor ASA will be held

on 28 September 2015 at 09:00 a.m. CEST at Oksenøyveien 10 (Fornebuporten), in

Bærum

On 2 September, the board of directors resolved to call for an extraordinary

general meeting in Akastor ASA on 28 September, in order for the shareholders to

vote over proposed changes in the board composition and a proposed amendment to

the company's articles of association to reflect the moving of Akastor's

headquarters from Oslo to Fornebu in Bærum. The notice of the meeting and the

recommendation from the nomination committee will be published and sent to the

shareholders on 4 September 2015.

ENDS

For further information, please contact:

Tore D. Langballe

Head of Communications & Investor Relations

Mob: +47 907 77 841

Akastor ASA is an oilfield services investment company with a flexible mandate

for long-term value creation. The company exercises active ownership combining a

range of strategic, operational and financial measures to develop and unlock the

full value potential of its portfolio of companies.

[HUG#1949428]