Aker — AGM Information 2010

Mar 18, 2010

The preferred partner

AKER

Aker ASA

NOTICE OF ANNUAL GENERAL MEETING

Annual general meeting in Aker ASA will be held Thursday 8 April 2010 at 10:00h (CET) at Felix Conference Center, Bryggetorget 3, Aker Brygge, 0250 Oslo, Norway

Pin code: Reference no.:

In the event the shareholder is a legal entity it will be represented by: _________

Name of representative.
(To grant proxy, use the proxy form below).

ATTENDANCE FORM

If you wish to attend the annual general meeting, we kindly ask you to send this form to Aker ASA c/o DnB NOR Bank ASA, Verdipapirservice, NO-0021 Oslo, Norway, or fax to +47 22 48 11 71. Attendance may also be registered on Aker ASA's homepage on www.akerasa.com or through "Investortjenester", a service provided by most Norwegian registrars. The pin code and the reference number are required for registration.

The form must be registered by DnB NOR Bank Verdipapirservice no later than the 6 April 2010 at 1200h. The undersigned will attend at Aker ASA's Annual General Meeting 2010 on the 8 April 2010 and vote for

________ own shares.

________ other shares in accordance with enclosed proxy

A total of ____ shares.

Place ________ Date ___

Shareholder's signature
(Sign only by own attendance.
To grant proxy, use the form below)

Pin code: Reference no.:

PROXY WITHOUT VOTING INSTRUCTIONS

If you are not able to attend the annual general meeting, a nominated proxy holder can be granted your voting authority. Any proxy not naming proxy holder will be deemed given to the chairman of the board or a person designated by him. The present proxy form relates to proxies without instructions. To grant proxy with voting instructions, please go to page 2 of this form. We kindly ask you to send the proxy form to Aker ASA c/o DNB NOR Bank ASA, Verdipapirservice, NO-0021 Oslo, Norway, or fax to +47 22 48 11 71. Web-based registration of the proxy is available on Aker ASA's homepage on www.akerasa.com and through "Investortjenester", a service provided by most Norwegian registrars. The pin code and the reference number are required for registration.

The proxy must reach DnB NOR Bank Verdipapirservice no later than the 6 April 2010 at 1200h.

The undersigned _________

hereby grants The chairman (or a person designated by him). _________

(NAME OF SELF-NOMINATED PROXY HOLDER (PLEASE USE CAPITAL LETTERS))

proxy to attend and vote at the annual general meeting of Aker ASA on the 8 April 2010 for my/our shares

Place ________ Date ___

Shareholder's signature
(Only when granting proxy)

AKER

With regard to rights of attendance and voting we refer you to The Norwegian Public Limited Companies Act, in particular Chapter 5. A written power of attorney dated and signed by the beneficial owner giving such proxy must be presented at the meeting.

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The preferred partner

AKER

Aker ASA

Pin code:
Reference no.:

PROXY WITH VOTING INSTRUCTIONS

In the event you prefer granting voting instruction to the proxy holder, please use the present proxy form. The items in the detailed proxy below refer to the items in the annual general meeting agenda. A detailed proxy with voting instructions may be granted a nominated proxy holder. A proxy not naming a proxy holder will be deemed given to the chairman or any person designated by him. We kindly ask you to send the proxy with voting instructions by mail or fax to Aker ASA c/o DnB NOR Bank ASA, Verdipapirservice, NO-021 Oslo, Norway, or faxed to +47 22 48 11 71. Online registration is not available for registrations of voting instructions.

The proxy must reach DnB NOR Bank Verdipapirservice no later than the 6 April 2010 at 1200h.

The undersigned shareholder in Aker ASA: ____

hereby grants (check-off):
☐ The chairman (or a person designated by him), or
☐

NAME OF PROXY HOLDER (PLEASE USE CAPITAL LETTERS)

proxy to attend and vote at the annual general meeting of Aker ASA on the 8 April 2010 for my/our shares.

The votes shall be submitted in accordance with the instructions below. Please note that any items below not voted for (not ticked off), will be deemed as an instruction to vote "in favour" of the proposals in the notice. Any motion from the floor, amendments or replacement to the proposals in the agenda, will be determined at the proxy holder's discretion. In case the contents of the voting instructions are ambiguous, the proxy holder will base his/her understanding on a reasonable understanding of the wording of the proxy. Where no such reasonable understanding can be found, the proxy may in his/her discretion refrain from voting.

Agenda AGM 2010	In favour	Against	Abstention	At Proxy's discretion
1. Opening of the annual general meeting and election of a person to co-sign the meeting minutes along with the meeting chair	☐	☐	☐	☐
2. Ordinary agenda items	☐	☐	☐	☐
2.2 Approval of the 2009 annual accounts of Aker ASA and consolidated accounts and the 2009 Board of Directors' Report	☐	☐	☐	☐
2.3 Determination of the Board members' remuneration	☐	☐	☐	☐
2.4 Determination of the Nomination committee members' remuneration	☐	☐	☐	☐
2.5 Approval of the auditors' fee	☐	☐	☐	☐
2.6 Handling of the Board of Directors' statement on the determination of salary and other remuneration to leading employees of the company. The statement is contained in note 38 to the consolidated accounts on page 86 of the Annual Report.	☐	☐	☐	☐
2.7 Election of Board members	☐	☐	☐	☐
2.8 Election of Nomination committee members	☐	☐	☐	☐
2.9 Reduced notice period for extraordinary general meeting	☐	☐	☐	☐
3. Amendments to the Article of Association	☐	☐	☐	☐
4. Authorization to acquire company shares	☐	☐	☐	☐

Place
Date
Shareholder's signature
(Only for granting proxy with voting instructions)

With regard to rights of attendance and voting we refer you to The Norwegian Public Limited Companies Act, in particular Chapter 5. A written power of attorney dated and signed by the beneficial owner giving such proxy must be presented at the meeting. If the shareholder is a company, please attach the shareholders certificate of registration to the proxy.

AKER