Akastor — AGM Information 2015

Mar 17, 2015

Akastor ASA: Notice of Annual General Meeting

Akastor ASA: Notice of Annual General Meeting

17 March 2015 - Attached is the notice of annual general meeting of Akastor ASA

including notice of attendance/proxy and the board of directors' and nomination

committee's proposed resolutions.

The general meeting will be held Wednesday 8 April 2015 at 09:00 CEST at

Fjordalleen 16, 0252 Oslo, Norway. A hard copy version of the notice will be

posted to the shareholders today.

The following documentation is made available on the company's website

www.akastor.com:

* The notice of annual general meeting including notice of attendance/proxy

* The board of directors' proposed resolutions

* The annual report for Akastor ASA and the group for 2014, including the

board's corporate governance statement

* The recommendations of the nomination committee

* The board of directors' statement on remuneration to executive management of

Akastor

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. Akastor ASA employs

approximately 7,400 people.

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1903983]