Contemplating new bond issue

Aker Drilling ASA is contemplating the issue of up to NOK 1,500 million in a newsenior, unsecured bond in the Norwegian bond market with maturity in February2016. The proceeds will be used to refinance the outstanding bond issue AKD02with ISIN NO001057171.4, repay existing subordinated loans to Aker ASA and forgeneral corporate purposes.

Aker Drilling ASA offers a conditional buy-back of outstanding bonds under AKD02at price 104.50.  It is a condition that bondholders that would like to takeadvantage of the buy-back offer subscribe for a minimum of the correspondingnominal face value in the contemplated new bond.

DnB NOR Markets, Nordea Markets, Pareto Securities and SEB Merchant Banking areacting as arrangers of the new bond issue. To take advantage of the buy-backoffer or for further information, please contact:

SEB Merchant Banking, tel + 47 22 82 72 58DnB NOR Markets, tel + 47 22 01 11 89Nordea Markets, tel   + 47 22 48 77 82Pareto Securities AS, tel   + 47 22 87 87 70

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 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