Aker - Board/Management Information 2017

Aker ASA: Kristian Røkke appointed as Chief Investment Officer

Aker ASA ("Aker") has appointed Kristian Røkke as its Chief Investment Officer

effective 1 January 2018. Mr. Røkke is currently the Chief Executive Officer of

Akastor ASA ("Akastor"), a publicly listed oil service investment company, and

will be succeeded by Karl Erik Kjelstad from 1 January 2018. In connection with

the transition, Mr. Røkke will resign from Aker's Board of Directors, but

continue as a Board member of TRG Holding AS, Aker's principal shareholder.

Aker will propose to the nomination committee of Akastor that Kristian Røkke

assume the position as Chairman of the Board of Akastor from the next Annual

General Meeting.

Kristian Røkke (b. 1983) has comprehensive experience in offshore service and

shipbuilding from several companies in the Aker group. He holds an MBA from The

Wharton School, University of Pennsylvania and is both a Norwegian and United

States citizen.

For further information, please contact:

Investors:

Per Kristian Reppe, Head of Investor Relations

Phone: +47 24 13 00 67

Mobile: +47 90 03 32 03

Media:

Atle Kigen, Head of Corporate Communications

Phone: +47 24 13 00 08

Mobile: +47 90 78 48 78

This information is subject to the disclosure requirements pursuant to section

5 -12 of the Norwegian Securities Trading Act.

AI assistant