Akastor — Major Shareholding Notification 2014

Dec 9, 2014

Disclosure of large shareholding

Disclosure of large shareholding

Kingstown Capital Management LP has on 8 December

2014, acquired 1,662,698 shares in Akastor ASA.

Following this acquisition, Kingstown Capital

Management LP holds in aggregate 15,000,000 shares in

Akastor ASA, corresponding to 5.47% of the issued

shares and votes in the company.