Aker ASA: Ocean Yield AS - Successful placement of bond issue

Reference is made to the notification dated 25.06.2012 regarding a potential newbond issue by Ocean Yield AS, a 100% owned subsidiary of Aker ASA.

The senior unsecured bond issue of NOK 600 million with expected maturity dateon 6 July 2017 has now been successfully completed.

Settlement date is expected to be 6 July 2012. An application will be made forthe bond to be listed on Oslo Børs. Proceeds will be used to finance growth andfor general corporate purposes. The bonds will have a floating coupon of 3 monthNIBOR + 6.50%.

In connection with the placement of the new bond issue, Ocean Yield AS hassubscribed for NOK 100 million of the total issue volume of NOK 600 million.

DNB Markets and Pareto Securities acted as lead arrangers of the bond issue.

Company contact:Lars Solbakken, CEO, Ocean Yield AS +47 24 13 01 90

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