Kværner ASA: Notice of Extraordinary General Meeting of Kværner ASA

18 September 2013 - Attached is the notice of Extraordinary General Meeting of Kværner ASA
including notice of attendance/Proxy. The Extraordinary General Meeting will be held on Thursday 10 October at 09:00 CET at the premises of Kværner ASA at Drammensveien 264, Vækerø, 0283 Oslo, Norway. A hard copy version of the notice will be posted to the shareholders today.

The notice of meeting and supporting documents including the Articles of Association, are available at www.kvaerner.com.

END

For further information, please contact:

Investor relations:
Ingrid Aarsnes, SVP Investor Relations, Kvaerner, Tel: +47 67 59 50 46, Mob: +47 950 38 364

Media:
Odd Naustdal, VP Communications, Kvaerner, Tel: +47 53 41 81 03, Mob: +47 905 76 079.

About Kvaerner:
With more than 3 000 HSSE-focused and experienced employees, Kvaerner is a specialised provider of engineering, procurement and construction (EPC) services for offshore platforms and onshore plants. Kværner ASA, through its subsidiaries and affiliates ("Kvaerner"), is an international contractor that plans and realises some of the world's most demanding projects as a preferred partner for upstream and downstream oil and gas operators, industrial companies and other engineering and fabrication contractors.

In 2012, the Kvaerner group had consolidated annual revenues of close to NOK 11 billion and the company had an order backlog of almost NOK 30 billion on 30 June 2013. Kvaerner was publicly listed with the ticker "KVAER" at the Oslo Stock Exchange on 8 July 2011. For further information, please visit www.kvaerner.com.