Aker Capital strengthens ownership in Det norske oljeselskap

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Aker Capital, a wholly owned subsidiary of Aker ASA, today purchased 12 954 478shares in Det norske oljeselskap, corresponding to 11.66 percent of Det norskestock. The per-share purchase price was NOK 40.25; the total purchase amountedto NOK 521 million.

Following the share acquisition, Aker Capital owns 57 898 658 Det norske shares,which corresponds to a 52.11 percent ownership interest in the oil company.

"Aker has long had great confidence in further Norwegian continental shelfdevelopment. The significant petroleum resources discovered recently reinforcethis assessment. Consequently, Aker seized the opportunity to increase its stakein Det norske when DNO International sought to sell its shareholding. Aker looksforward to contributing to the continued development of Det norske," says AkerPresident and CEO Øyvind Eriksen.

Given the historical shareholding of Aker Capital in Det norske, the acquisitiondoes not trigger a requirement to set forth a mandatory offer for alloutstanding shares in the company, cf. Securities Trading Act section 18-2 (2),cf. section 6-6 (1).

For further information, please contact:Atle Kigen, Head of Communications, Aker ASA, tel: +47 90 78 48 78

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

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