Aker ASA: Successful placement of bond issue

Reference is made to the notification sent earlier today regarding a potentialnew bond issue by Aker ASA. The senior unsecured bond issue of NOK 500 millionwith expected maturity date on 16 March 2017 has now been successfullycompleted. The offering was oversubscribed.

Settlement date is expected to be 16(th) of March 2012. An application will bemade for the bond to be listed on Oslo Børs. As previously announced, theproceeds will be used for refinancing of existing debt and for general corporatepurposes.

DNB Markets, SEB Merchant Banking, SpareBank 1 Markets and Swedbank FirstSecurities acted as lead arranger of the bond issue.

Company contact:Trond Brandsrud, CFO, Aker ASA +47 24 13 00 30

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