Aker — Capital/Financing Update 2010

Nov 9, 2010

Contemplating new bond issue

Aker ASA is contemplating to issue up to NOK 1,000 million in a new senior,

unsecured bond in the Norwegian bond market with maturity in November 2015. The

net proceeds will be used for general corporate purposes.

Arctic Securities, First Securities AS/Swedbank Markets and SEB Enskilda have

been appointed as arrangers of the new potential bond issue.

For further information, please contact

Anders Eide in Arctic Securities +47 21 01 32 60,

Einar Unhjem Johansen in First Securities /Swedbank Markets  +47 23 23 80 61, or

Thorodd Bakken in SEB +47 22 82 72 58

Company contact:

Trond Brandsrud, CFO, Aker ASA +47 24 13 00 30

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

(Norwegian Securities Trading Act)

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