Aker Drilling ASA secures new $900 million debt financing

Reference is made to the Stock Exchange Notice dated 20 January 2011.

Aker Drilling ASA is pleased to announce that it has agreed a refinancing of itsexisting bank debt with a new five year $900 million senior secured bank loanfacility in the form of an underwritten commitment from DnBNOR, Nordea and SEB.

The new bank debt facility is subject to customary documentation as well as theconsummation of Aker Drilling ASA's contemplated equity issuance and itsforthcoming listing on the Oslo Stock Exchange.

Company contacts:Geir Sjøberg, Aker Drilling ASA, tel. +47 90 78 30 83Iain Inglis, Aker Drilling ASA, tel. +47 92 09 35 91

This information is subject of the disclosure requirements pursuant to section5-12 of the 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