Aker — Director's Dealing 2015

Dec 14, 2015

Aker ASA: Mandatory notification of trade

Aker ASA: Mandatory notification of trade

Aker ASA has carried out its second employee share purchase programme

for 2015.

Participants in the employee share purchase programme were offered a

discount of 20 per cent on the closing share price on 11 December

2015. Hence, each participant paid NOK 132.40 per share. All shares

will be locked up for a period of three years from delivery of the

shares, during which employees will not be able to sell the shares.

The subscription period for the employee purchase programme ran from 9

December to 11 December 2015.

The following primary insiders have on 11 December purchased shares:

Frank O. Reite, CFO, has through the company Fausken Invest AS

acquired 5 435 shares in Aker ASA. Mr. Reite's total shareholding

after the acquisition will be 5 435 shares, all of which are held

through Fausken Invest AS.

Atle Kigen, Head of Communications, has acquired 244 shares in Aker

ASA. Mr. Kigen's total shareholding after the acquisition will be 6

270 shares.

Aker ASA sold a total of 8 592 own shares in connection with the

programme. Following the transaction, Aker ASA holds a total of 8 885

own shares.

In connection with the employee share purchase programme, as well as

for other corporate purposes, Aker ASA will purchase up to 200 000 own

shares in the open market.

Similarly as for the years from 2011 to 2015, Aker will in 2016 offer

all of its employees the opportunity to buy shares in the company in

the first half of the year and the second half of the year. The

maximum total number of discounted shares each employee can buy varies

from 50 to 5 435 shares per employee. A discount of 20 per cent on the

closing share price at the end of the subscription period will be

offered, and all shares will be locked up for a period of three years

from delivery of the shares. The subscription period for the first

programme will run from on or about 11 May to on or about 16 May 2016.

The subscription period for the second programme will run from on or

about 7 November to on or about 11 November 2016.

END

For further information, please contact:

Media:

Atle Kigen, Head of Communications

Phone: +47 24 13 00 08

Mobile: +47 907 84 878

Investors:

Marianne Stigset, Head of Investor Relations

Phone: +47 24 13 00 66

Mobile: +47 411 88 482

This information is subject to the disclosure requirements pursuant to

section 5-12 of the Norwegian Securities Trading Act.