Aker ASA: Aker purchases shares in Aker Seafoods

Aker ASA and Converto Capital Management AS purchases shares in Aker SeafoodsASA from Converto Capital Fund AS.

Reference is made to the stock exchange announcements on 22 June 2012 regardingthe restructuring of the ownership in Aker Seafoods ASA ("AKS").

Aker ASA has today purchased 61,216,934 shares in AKS, corresponding to 72.32per cent of the outstanding shares and votes, from Converto Capital Fund AS. Allshares were purchased at a share price of NOK 6.50 per share, entailing a totalconsideration to Converto Capital Fund AS of NOK 397,910,071 ASA. In addition,Converto Capital Management AS has purchased 1,076,320 shares in AKS,corresponding to 1.27 per cent of the outstanding shares and votes, fromConverto Capital Fund AS. All shares were purchased at the aforesaid shareprice, entailing a total consideration to Converto Capital Fund AS of NOK6,996,080.

Following the completion of the transactions, Aker ASA will own 61,216,934shares in AKS, corresponding to 72.32 per cent of the outstanding shares andvotes, and Converto Capital Management AS will own 1,076,320 shares in AKS,corresponding to 1.27 per cent of the outstanding shares and votes, whereasConverto Capital Fund AS will not own any shares in AKS.

The transactions were completed after the acquisition by Fausken Invest AS, acompany wholly owned by Mr. Frank Reite, of Aker ASA's 90 per cent ownershipinterest in Converto Capital Management AS, making Fausken Invest AS the ownerof 100 per cent of the shares in Converto Capital Management AS. Mr. Reite ischairman of the board of AKS and general manager of Converto Capital Fund AS.Converto Capital Management AS is contracted to act as investment advisor toAker ASA in relation to their ownership position in AKS.

The CEO of Aker ASA, Mr. Øyvind Eriksen, is also a member of the board of AKS.

Pursuant to section 6-2 (3) of the Norwegian Securities Trading Act, Oslo Børshas exempted the transactions from the mandatory offer rules. The transactionshave also been approved by the Norwegian Ministry of Fisheries and CoastalAffairs.

For further informasjon, please contactAtle Kigen, Head of Communication Aker ASA. Mobile: 907 84 878

This information is subject of the disclosure requirements acc. to §5-12 vphl(Norwegian Securities Trading Act)

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Aker ASA via Thomson Reuters ONE