17 June 2011 - Kvaerner today hosts it first investor presentation at 11:00 CEST at Konserthuset in Oslo, Norway. Please find the presentations attached.

 

For webcast details, please visit our website.

 

 

Agenda:

1. Introduction to Kvaerner: Jan Arve Haugan, CEO
2. Business model: Jan-Tore Elverhaug, EVP Project Support
3. Financials: Eiliv Gjesdal, CFO
4. E&C Americas: Jim Miller, EVP E&C Americas
5. Concrete: Dag Jenssen, VP Business development
6. Jackets: Nina Udnes Tronstad, EVP Jackets
7. North Sea: Lars Eide, EVP North Sea
8. International: Per Harald Kongelf, Interrim CEO
9. Summary and Q&A

 

ENDS

 

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:
Mariken Holter, SVP Corporate Communications, Kvaerner, Tel: +47 67 52 74 35, Mob: +47 91 78 73 58

 

With more than 3 500 HSE-focused and experienced employees, Kvaerner is a specialised provider of engineering, procurement and construction (EPC) services for offshore platforms and onshore plants. Kvaerner, 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 2010, the Kvaerner group had aggregated annual revenues of more than NOK 13.3 billion and the company had an order backlog per 1 April 2011 of more than NOK 15.6 billion. Kvaerner aims to be publicly listed at the Oslo Stock Exchange in July 2011. Until this process is completed, Kvaerner is owned 100 percent by Aker Solutions ASA. For further information, please see www.kvaerner.com and www.akersolutions.com.

 

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