Contemplating new bond issue

Aker Drilling ASA is contemplating the issue of up to NOK 1,500 million in a new

senior, unsecured bond in the Norwegian bond market with maturity in February

2016. The proceeds will be used to refinance the outstanding bond issue AKD02

with ISIN NO001057171.4, repay existing subordinated loans to Aker ASA and for

general corporate purposes.

Aker Drilling ASA offers a conditional buy-back of outstanding bonds under AKD02

at price 104.50. It is a condition that bondholders that would like to take

advantage of the buy-back offer subscribe for a minimum of the corresponding

nominal face value in the contemplated new bond.

DnB NOR Markets, Nordea Markets, Pareto Securities and SEB Merchant Banking are

acting as arrangers of the new bond issue. To take advantage of the buy-back

offer or for further information, please contact:

SEB Merchant Banking, tel + 47 22 82 72 58

DnB NOR Markets, tel + 47 22 01 11 89

Nordea Markets, tel + 47 22 48 77 82

Pareto Securities AS, tel + 47 22 87 87 70

Company contacts:

Geir Sjøberg, Aker Drilling ASA, tel +47 90 78 30 83

Iain Inglis, Aker Drilling ASA, tel +47 92 09 35 91

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

(Norwegian Securities Trading Act)

[HUG#1481713]

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