AKER TO SELL LIMITED AKER YARDS SHAREHOLDING

The sale frees up further liquidity to strengthen Aker`s balance sheet and increase its financial clout for additional industrial moves. No extraordinary dividend payment will be made to Aker shareholders as a result of the share sale.

- The share sale strengthens Aker`s ability to contribute to further industrial development at Aker Yards and Aker Kværner - and to generating additional shareholder value for them and Aker. The interaction in this value-creating triangle of Aker companies will continue after the share sale, says Leif-Arne Langøy, Aker`s Chairman and President and CEO.

Aker will continue its role as a long-term Aker Yards owner, and has no plans for further Aker Yards share divestitures.

SEB Enskilda Securities ASA and Carnegie ASA are lead managers in the Aker Kværner portfolio reduction.

Additional information on the aforementioned share sale will be released Friday, 19 January 2007 via the Oslo Stock Exchange`s messaging service and Aker`s website: www.akerasa.com.