Aker BP — Share Issue/Capital Change 2018

Sep 11, 2018

AKERBP: Sale of shares to employees

AKERBP: Sale of shares to employees

Under Aker BP's annual share saving plan, the company's employees have

subscribed for a total of 465,335 shares. The shares are offered at a price of

NOK 232.72, representing a 20 percent discount to the reference market price,

and are subject to a three-year lock-up. After delivery of these shares, Aker BP

will hold zero treasury shares.

The following table sets out the participation in the share saving plan by

primary insiders of the company:

+-----------------------+------------------------------+--------------+---------

--+

|Primary insider |Position |Shares ordered|New

holding|

+-----------------------+------------------------------+--------------+---------

--+

|Aas, Nina |Deputy employee representative| 872|

2,288|

+-----------------------+------------------------------+--------------+---------

--+

|Aune, Oddbjørn |Deputy employee representative| 1,087|

4,068|

+-----------------------+------------------------------+--------------+---------

--+

|Bakken, Kjetil |VP Investor Relations | 1,087|

1,087|

+-----------------------+------------------------------+--------------+---------

--+

|Bratsberg, Øyvind |Special Advisor | 442|

54,290|

+-----------------------+------------------------------+--------------+---------

--+

|Brevik, Hilde Kristin |Deputy employee representative| 141|

151|

+-----------------------+------------------------------+--------------+---------

--+

|Glørstad-Clark, Evy |SVP Exploration | 1,731|

5,866|

+-----------------------+------------------------------+--------------+---------

--+

|Haugeberg, Ingard |Employee representative | 262|

970|

+-----------------------+------------------------------+--------------+---------

--+

|Henriksen, Olav |SVP Projects | 442|

442|

+-----------------------+------------------------------+--------------+---------

--+

|Hersvik, Karl Johnny |CEO | 2,161|

3,577|

+-----------------------+------------------------------+--------------+---------

--+

|Holstad, Ørjan |Employee representative | 727|

1,789|

+-----------------------+------------------------------+--------------+---------

--+

|Krane, Alexander |CFO | 773|

17,021|

+-----------------------+------------------------------+--------------+---------

--+

|Langballe, Tore Dammann|VP Communication | 1,941|

1,941|

+-----------------------+------------------------------+--------------+---------

--+

|Molvig, Ole-Johan |SVP Reservoir | 2,591|

6,485|

+-----------------------+------------------------------+--------------+---------

--+

|Sigmundstad, Arne Tommy|SVP Drilling and Wells | 528|

528|

+-----------------------+------------------------------+--------------+---------

--+

|Solheim, Terje |Employee representative | 442|

1,150|

+-----------------------+------------------------------+--------------+---------

--+

|Tønne, David Torvik |VP Corporate Controlling | 442|

3,274|

+-----------------------+------------------------------+--------------+---------

--+

|Østhus, Jon Håkon |Financial Reporting Manager | 227|

624|

+-----------------------+------------------------------+--------------+---------

--+

Contacts:

Kjetil Bakken, VP Investor Relations, tel.: +47 918 89 889

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, Ivar Aasen, Skarv, Valhall, Hod, Ula and Tambar. 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.