Aker BP

Report Publication Announcement • Oct 24, 2016

Oslo, 24 October 2016

Aker BP ASA: Change in reporting language to English

Aker BP ASA submitted an application to the Oslo Stock Exchange in October 2016 seeking dispensation from the requirement to use Norwegian language when publicly disclosing information, pursuant to Section 5-13 of the Securities Trading Act. The application has been approved.

As per October 24, 2016 Aker BP ASA will therefore file stock exchange notices, quarterly and half-yearly financial reports only in English.

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.