Akastor — AGM Information 2016

Mar 21, 2016

Akastor ASA: Notice of Annual General Meeting

Akastor ASA: Notice of Annual General Meeting

21 March 2016 - Attached is the notice of annual general meeting of Akastor ASA

including (i) notice of attendance/proxy, (ii) statement on remuneration to

executive management and the (iii) board of directors' and (iv) nomination

committee's proposed resolutions.

The general meeting will be held Tuesday 12 April 2016 at 09:00 CEST at

Oksenøyveien 10, Building B, 1366 Lysaker, Norway.

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 recommendations of the nomination committee

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

Akastor

- The annual report for Akastor ASA and the group for 2015, including the

board's corporate governance statement

- Akastor's corporate responsibility report for 2015

ENDS

For further information, please contact:

Tore D. Langballe

Head of Communications & Investor Relations

Mob: +47 907 77 841

This information is subject to the disclosure requirements pursuant to section

5-12 of the Norwegian Securities Trading Act.

[HUG#1996167]