Philly Shipyard — AGM Information 2010

Apr 13, 2010

Minutes of Annual General Meeting

Aker Philadelphia Shipyard ASA has today on 13 April 2010 held its Annual

General Meeting. All proposals to the AGM were approved.

The Board of Directors now consists of:

Karl Erik Kjelstad (Board Chairman)

Amy Humphreys

Elin Karfjell

Mark Singel

Audun Stensvold

The minutes of the meeting are attached. Enclosed please also find the

presentation to the annual general meeting.

This information is subject of the disclosure requirements acc. to §5-12 vphl

(Norwegian Securities Trading Act)

[HUG#1402988]