Aker — Director's Dealing 2016

Mar 16, 2016

Aker ASA: Mandatory notification of trade

Aker ASA: Mandatory notification of trade

As part of the existing bonus program for employees in Aker ASA (the "Company"),

the following primary insiders have received bonus shares. The shares have a

lock-in period of three years. Upon allocation, the value of the shares was set

to NOK 129.84. This corresponds to the three-day average, volume-weighted price

of the Company share starting Thursday 10 March 2016, to which a 20 per cent

discount was applied.

The bonus shares were distributed as follows:

No. of bonus No. of shares

Employee Role shares following

allocation

Frank O. Reite  CFO 2 112 7 547*

Ola Snøve  Investment Director 2 580 112 417**

Arild Støren Frick  General Counsel 1 925 4 091***

Audun Stensvold  Investment Director  1 218 5 687

Atle Kigen  Head of Communications 1 127  7 397

Ove Taklo  Corporate Controller 780  2 496

Marianne Stigset  Investor Relations 228 817

Director

Laila Hop Paralegal 55 182

* Owned through Fausken Invest AS.

** Owned through Storbrea AS.

*** Owned through Elichapet AS.

The allocated bonus shares are drawn from the Company's holdings of own shares.

Following the allocation, the Company will hold a total of 136 535 own shares.

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.

[HUG#1994865]