Aker ASA: Ocean Yield AS - Successful placement of bonds

Reference is made to the notification dated 28 June 2012 regarding thecompletion of a NOK 600 million bond issue by Ocean Yield AS, a 100% ownedsubsidiary of Aker ASA.

In connection with the placement of the bond issue, Ocean Yield AS subscribedfor NOK 100 million of the total issue volume of NOK 600 million. The NOK 100million has now been sold in the market, at a price of 100.40.

The settlement date is expected to be 31 August 2012. The net proceeds will beused to finance growth and for general corporate purposes. The bonds have afloating coupon of 3 month NIBOR + 6.50% p.a. and final maturity date on 6 July2017.

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

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

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