Aker ASA: Mandatory notification of trade

Reference is made to the stock exchange announcement published by Aker ASA on 12 November 2012 concerning an offer to buy back shares in connection with Aker ASA's obligation to deliver consideration shares in a merger between Aker BioMarine ASA and Aker Seafoods Holding AS, a wholly owned subsidiary of Aker ASA (the "Offer").

In accordance with the information provided in the stock exchange notice published on 12 September 2012, on 12 November 2012 The Resource Group TRG AS, a company controlled by Kjell Inge Røkke, the chairman of the board in Aker ASA, accepted to sell 58 540 shares in Aker ASA under the Offer, to a price of NOK 208 per share.

The Resource Group TRG AS has notified Aker ASA that it will not participate further in the Offer. If the sale is implemented in accordance with the acceptance, The Resource Group TRG AS will own 824 642 shares in Aker ASA, corresponding to 1.1 per cent of the outstanding shares and votes in the company.

Røkke will thereafter, directly and indirectly, control 49 069 690 shares in Aker ASA, corresponding to 67.8 per cent of the outstanding shares and votes in the company, which is the same amount of shares as per the beginning of the year.

This information is subject to the disclosure requirements according to section 5-12 of the Norwegian Securities Trading Act.

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For further information, please contact:

Media: Atle Kigen, Head of Corporate Communications, Phone: +47 24 13 00 08, Mobile: +47 907 84 878

Investors: Marianne Stigset, Investor Relations Manager, Phone:   +47 24 13 00 66, Mobile: +47 41 18 84 82

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Source: Aker ASA via Thomson Reuters ONE