Aker Drilling ASA successfully completes a NOK 1,500 million bond issue

Aker Drilling ASA has successfully completed a NOK 1,500 million 3-year

unsecured bond issue with Aker ASA as guarantor.

The settlement date will be 30 April 2010, and the maturity date will be 30

April 2013. An application will be made for the listing of the bonds on Oslo ABM

as soon as possible.

Net proceeds from the bond issue are to be used for refinancing of a NOK 800

million existing convertible bond maturing in October 2010 and for general

corporate purposes.

The bond issue is based on normal commercial terms. Aker Drilling will pay an

interest of NIBOR plus 400 basispoints margin. External refinancing at

reasonable terms has thus been secured for the convertible bond. Aker Drilling

consequently needs to borrow less from the parent company than originally

planned. The planned amount was estimated at approximately USD 150 million over

the first three quarters of 2010.

DnB NOR Markets and Pareto Securities have been joint arrangers of the new bond

issue.

For further information, please contact:

Aker Drilling ASA

President & CEO Geir Sjøberg, tel + 47 90 78 30 83

Finance Director Iain Inglis, tel + 47 92 09 35 91

This information is subject of the disclosure requirements acc. to §5-12 vphl

(Norwegian Securities Trading Act)

[HUG#1403900]

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