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Aker BP Capital/Financing Update 2018

Jun 6, 2018

3528_rns_2018-06-06_de52c2fb-bc75-47fd-84d7-e5865e658a3a.html

Capital/Financing Update

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DETNOR02: Distribution Put Option Expired

Reference is made to the stock exchange notice from Aker BP ASA ("Aker BP") dated 22 May 2018 relating to a Distribution Put Option in Det norske oljeselskap ASA 13/20 FRN (ISIN NO 001068414.5). The deadline to exercise the Distribution Put Option at 107% of par plus accrued interest was set to 5 June 2018, and Aker BP has now obtained the results from the Distribution Put Option. Bondholders representing NOK 1,914,178 nominal worth of DETNOR02 have exercised their put option. Aker BP will not cancel the bonds, and the gross nominal amount of DETNOR02 will thus remain NOK 1.900 million. Aker BP holds NOK 7,690,568 nominal worth of DETNOR02.

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Aker BP — Capital/Financing Update 2018

3528_rns_2018-06-06_de52c2fb-bc75-47fd-84d7-e5865e658a3a.html

DETNOR02: Distribution Put Option Expired

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Aker BP Capital/Financing Update 2018