Aker — Director's Dealing 2016

Dec 21, 2016

Aker ASA: Mandatory notification of trade

Aker ASA: Mandatory notification of trade

Aker ASA ("Aker") has carried out its second employee share purchase programme

for the year.

Participants in the share purchase programme were offered a discount of 20 per

cent on the closing share price on 20 December 2016. Hence, each participant

paid NOK 252 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 following primary insiders have purchased shares:

* Atle Kigen, head of communications, has acquired 203 shares in Aker. Mr.

Kigen's total shareholding after the acquisition will be 8 100 shares.

* Audun Stensvold, investment director, has acquired 2 000 shares in Aker. Mr.

Stensvold's total shareholding after the acquisition will be 7 687 shares.

* Marianne Stigset, head of investor relations, has acquired 100 shares in

Aker. Ms. Stigset's total shareholding after the acquisition will be 917

shares.

* Arild Støren Frick, general counsel, has through the company Elichapet AS

acquired 500 shares in Aker. Mr. Frick's total shareholding after the

acquisition will be 5 000 shares, all of which are held through Elichapet

AS.

END

For further information, please contact:

Investors:

Marianne Stigset, Head of Investor Relations

Phone: +47 24 13 00 66

Mobile: +47 411 88 482

Media:

Atle Kigen, Head of Communications

Phone: +47 24 13 00 08

Mobile: +47 907 84 878

This information is subject to the disclosure requirements pursuant to section

5 -12 of the Norwegian Securities Trading Act.