Aker Solutions - Capital/Financing Update 2019

Aker Solutions ASA: Contemplated Tap Issue

August 27, 2019 - Aker Solutions ASA is contemplating a tap issue of up to NOK

500 million in the outstanding senior unsecured bond "AKSO04" (ISIN

NO0010853286) with maturity date on June 3, 2024.

The current outstanding amount is NOK 1,000 million and the borrowing limit is

NOK 1,500 million. The net proceeds from the contemplated tap issue will be used

for general corporate purposes.

In conjunction with the contemplated tap issue, Aker Solutions ASA may consider

buyback of bonds in "AKSO02" (ISIN NO0010661051) for an amount of up to NOK 500

million.

DNB Markets, Nordea and SEB have been engaged as joint lead managers for the

contemplated transaction.

ENDS

Media Contact:

Ivar Simensen, mob: +47 464 02 317, email: [email protected]

Investor Contact:

Fredrik Berge, mob: +47 450 32 090, email: [email protected]

Aker Solutions helps the world meet its energy needs. We engineer the products,

systems and services required to unlock energy. Our goal is to maximize recovery

and efficiency of oil and gas assets, while using our expertise to develop the

sustainable solutions of the future. Aker Solutions employs approximately 16,000

people in more than 20 countries.

Visit akersolutions.com and connect with us on

Facebook (https://www.facebook.com/AkerSolutions/),

Instagram (https://instagram.com/akersolutions/),

LinkedIn (https://www.linkedin.com/company/aker-solutions),

Twitter (https://twitter.com/akersolutions) and

YouTube (https://www.youtube.com/akersolutions).

This press release may include forward-looking information or statements and is

subject to our disclaimer, see https://akersolutions.com

This information is subject of the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.

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