Proposed Demerger of Aker Solutions; Publication of Information Memorandum
6 April 2011 - In accordance with the strategy previously disclosed, the Board of Directors of Aker Solutions ASA ("Aker Solutions") has resolved to propose to the shareholders of Aker Solutions that Aker Solutions is to be demerged. Through the proposed demerger, Kværner ASA ("Kværner") - a company established for the purposes of the demerger and which will apply for listing of its shares on the Oslo Stock Exchange - will inter alia assume: · Significant parts of the Aker Solutions group's activities within the former ED&S business area, including its activities within the Field