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Akastor Earnings Release 2017

May 3, 2017

Earnings Release

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Akastor ASA: Q1 2017 results

Q1 HIGHLIGHTS

· Frontica Advantage joined NES Global Talent in January 2017

· EBITDA of NOK 59 million

· Net debt at NOK 3.0 billion

· Working capital at NOK 1.4 billion

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Media Contact:

Akastor ASA

Tore Langballe, Head of Communications

+47 907 77 841

This information is subject to the disclosure requirements pursuant to section

5 -12 of the Norwegian Securities Trading Act.