AKERBP: Sale of shares to employees

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Under Aker BP’s annual share saving plan, the company’s employees have subscribed for a total of 465,335 shares. The shares are offered at a price of NOK 232.72, representing a 20 percent discount to the reference market price, and are subject to a three-year lock-up. After delivery of these shares, Aker BP will hold zero treasury shares.

The following table sets out the participation in the share saving plan by primary insiders of the company:

Primary insider Position Shares ordered New holding
Aas, Nina Deputy employee representative 872 2,288
Aune, Oddbjørn Deputy employee representative 1,087 4,068
Bakken, Kjetil VP Investor Relations 1,087 1,087
Bratsberg, Øyvind Special Advisor 442 54,290
Brevik, Hilde Kristin Deputy employee representative 141 151
Glørstad-Clark, Evy SVP Exploration 1,731 5,866
Haugeberg, Ingard Employee representative 262 970
Henriksen, Olav SVP Projects 442 442
Hersvik, Karl Johnny CEO 2,161 3,577
Holstad, Ørjan Employee representative 727 1,789
Krane, Alexander CFO 773 17,021
Langballe, Tore Dammann VP Communication 1,941 1,941
Molvig, Ole-Johan SVP Reservoir 2,591 6,485
Sigmundstad, Arne Tommy SVP Drilling and Wells 528 528
Solheim, Terje Employee representative 442 1,150
Tønne, David Torvik VP Corporate Controlling 442 3,274
Østhus, Jon Håkon Financial Reporting Manager 227 624

Contacts:
Kjetil Bakken, VP Investor Relations, tel.: +47 918 89 889

About Aker BP:
Aker BP is a fully-fledged E&P company with exploration, development and production activities on the Norwegian Continental Shelf. Aker BP is the operator of Alvheim, Ivar Aasen, Skarv, Valhall, Hod, Ula and Tambar. The company is also a partner in the Johan Sverdrup field. Aker BP is headquartered at Fornebu, Norway, and is listed on the Oslo Stock Exchange under the ticker ‘AKERBP’. More about Aker BP at www.akerbp.com.

This information is subject to disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

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