Aker - Major Shareholding Notification 2015

Aker ASA : Disclosure of large shareholding

Aker ASA has on 19 August 2015 acquired 6 000 000 shares in Akastor ASA at NOK

10.60 per share. Following this acquisition, Aker ASA holds directly 23 331 762

of the issued shares and voting rights (~8.5 per cent of the share capital) in

Akastor ASA.

Aker ASA also owns 70 per cent of the shares in Aker Kvaerner Holding AS, which

in turn owns 110 333 615 shares, representing 40.3 per cent of the outstanding

shares in Akastor ASA.

The President and Chief Executive Officer of Aker ASA, Øyvind Eriksen, is the

Chairman of the Board of Akastor ASA. The Chairman of the Board of Aker ASA,

Kjell Inge Røkke, is a board member of Akastor ASA.

END

For further information, please contact:

Investors:

Marianne Stigset, Head of Investor Relations

Phone: +47 24 13 00 66

Mobile: +47 41 18 84 82

Media:

Atle Kigen, Head of Corporate 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.

[HUG#1946672]

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