Aker - Share Issue/Capital Change 2015

Aker ASA : Internal restructuring of equity holding

Aker ASA has on 10 December 2015 transferred its equity holding in Ocean Yield

ASA to Aker Capital AS, a wholly-owned subsidiary of Aker.

The purpose of the restructuring is to streamline and simplify Aker's holding

structure, as previously stated in Aker ASA's stock exchange notice dated 1

October 2015. As this is an internal restructuring within Aker ASA and holding

companies, it will have no effect on the combined Aker ASA and holding

companies' financial accounts.

As per 10 December 2015, Aker ASA directly held 98 242 575 of the issued shares

and votes in Ocean Yield ASA, or 72.97 per cent of the share capital.

Oslo Stock Exchange has on 30 September 2015, pursuant to section 6-2 (3) of the

Securities Trading Act, granted an exemption from the mandatory offer obligation

with respect to Aker Capital AS' acquisition of shares in Ocean Yield 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#1972880]

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