Aker - Transaction in Own Shares 2015

Aker ASA: Result of offer to buy back shares

Reference is made to Aker ASA's stock exchange release dated 17 December 2015

concerning an offer to buy back shares in connection with Aker ASA's employee

share purchase programme, as well as for other corporate purposes (the "Offer").

The Offer expired on 17 December 2015 at 16:30 (CET).

Aker ASA has resolved to buy back 150 000 shares, as set out in the Offer, at a

price of NOK 162 per share. The price was determined through a bookbuilding

process. The total number of acceptances exceeded the amount of shares to be

bought back under the Offer, and thus, Aker ASA has determined certain criteria

for allocation of the acceptances based on the best interest of the company and

equal treatment of the shareholders.

The trade date for the shares will be 18 December 2015 and settlement will take

place on 22 December 2015.

As a result of the buy back, Aker ASA owns 158 885 own shares, corresponding to

0.2 per cent of the share capital and votes in the company.

Arctic Securities ASA is engaged as financial advisor and receiving agent in

connection with the Offer.

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.

[HUG#1974627]

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