Aker Solutions — Report Publication Announcement 2014

Sep 2, 2014

Aker Solutions Holding ASA: Aker Solutions Updates Key Financial Information for the New Aker Solutions and Akastor

Aker Solutions Holding ASA: Aker Solutions Updates Key Financial Information for the New Aker Solutions and Akastor

September 2, 2014 - Aker Solutions is providing

updated unaudited financial information for the two

companies - the new Aker Solutions and Akastor - that

will be formed following the split of the business at

the end of September.

Previous pro forma financial information was

disclosed in the information memorandum of July 11,

2014, and the second-quarter 2014 results published

July 17 this year.

The updated financial information reflects a decision

in August by the board of directors to transfer the

Aker Geo AS business unit to Akastor instead of

keeping it within the new Aker Solutions as

previously announced. The figures have also been

revised because of continued work to reflect the

financial performance of the two new companies as

accurately as possible. Financial information on Aker

Geo is included in the real estate and other holdings

reporting segment in the attached financial

information on Akastor.

Stavanger-based Aker Geo has about 65 permanent

employees including geologists, geophysicists and

reservoir engineers. It provides geological and

geophysical interpretation, petrophysics, reservoir

modelling and simulation, production technology and

operation and wellsite geology. The Aker Solutions

board decided to transfer Aker Geo to Akastor based

on an assessment that synergies with Aker Solutions

were limited and that Akastor would be a better owner

for the unit.

ENDS

For further information, please contact:

Media:

Bunny Nooryani, Chief Communications Officer, Aker

Solutions. Tel: +47 67 59 42 71, Mob: +47 480 27 575,

E-mail: bunny.nooryani@akersolutions.com

Investor relations:

David Phillips, Head of Industry & Investor

Relations, Aker Solutions. Tel: +44 208 811 7111,

Mob: +44 7788 338 887, E-mail:

david.phillips@akersolutions.com

Lasse Torkildsen, SVP Investor Relations, Aker

Solutions. Tel: +47 67 51 30 39, Mob: +47 911 37 194,

E-mail: lasse.torkildsen@akersolutions.com

Career opportunities:

Visit http://www.akersolutions.com/careers

Aker Solutions is a global provider of products,

systems and services to the oil and gas industry. Our

engineering, design and technology bring discoveries

into production and maximize recovery from each

petroleum field. We employ approximately 28,000

people in about 30 countries. Go to

www.akersolutions.com for more information on our

business, people and values.

This press release may include forward-looking

information or statements and is subject to our

disclaimer, see www.akersolutions.com.

This information is subject of the disclosure

requirements pursuant to section 5-12 of the

Norwegian Securities Trading Act.