Aker ASA: Mandatory notification of trade

As fulfillment of existing rights under the bonus program for employees in Aker ASA ("Aker"), the following primary insiders have received bonus shares. The shares have a lock-in period of three years. Upon allocation, the value of the shares was set to NOK 291.39. This corresponds to the three-day average, volume-weighted price of Aker's share starting Monday 13 March 2016, to which a 20 per cent discount was applied.

The bonus shares were distributed as follows:

 

Employee	Role	No. of bonus shares	No. of shares following allocation
Frank O. Reite	CFO	2 402	64 781*
Arild Støren Frick	General Counsel	1 414	6 414**
Audun Stensvold	Investment Director	944	8 631
Atle Kigen	Head of Communications	517	8 617
Ove Taklo	Corporate Controller	358	3 657
Per Kristian Reppe	Investment Manager and Investor Relations Director	385	974
Marianne Stigset	Investor Relations Director	166	1 083
Laila Hop	Paralegal	25	227

 * Owned through Fausken Invest AS.
** Owned through Elichapet AS.

The allocated bonus shares are drawn from the Company's holdings of own shares. Following the allocation, the Company will hold a total of 26 349 own shares.


END

For further information, please contact:

Media:
Atle Kigen, Head of Communications
Phone: +47 24 13 00 08
Mobile: +47 907 84 878

Investors:
Per Kristian Reppe, Head of Investor Relations
Phone: +47 24 13 00 67
Mobile: +47 900 33 203