Aker BP

Pre-Annual General Meeting Information • Nov 2, 2016

Fornebu, 2 November 2016

AKERBP: Notice of Extraordinary General Meeting

Notice is hereby given that an Extraordinary General Meeting of Aker BPASA("the Company", OSE ticker code "AKERBP") will be held at the Company's office at Fornebuporten, Oksenøyveien 10, Bærum, Norway on Thursday 24 November 2016, at 09:00 CET.

On the agenda is the proposed authorisation to the board of directors to resolve and declare dividends.

Please find the Notice of Extraordinary General Meeting attached.

Contacts:

Investor contact: Jonas Gamre, VP Investor Relations, tel.: +47 971 18 292 Media contact: Geir Bjørlo, Corporate Communications, tel.: +47 915 40 000

About Aker BP:

Aker BP is a fully-fledged E&P company with exploration, development and production activities on the Norwegian Continental Shelf. Aker BP is the operator of Alvheim, Skarv, Valhall, Hod, Ula and Tambar, in addition to the Ivar Aasen field development. The company is also a partner in the Johan Sverdrup field. Aker BP is headquartered at Fornebu, Norway, and is listed on the Oslo Stock Exchange under the ticker 'AKERBP'. More about Aker BP at www.akerbp.com.

This information is subject to disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.