New ticker for Aker Kvaerner: AKVR, and the reverse split effective from Monday 19 May 2003 (please ignore Norwegian version sent earlier)


After the transaction, the company's share capital will be NOK 894,133,920, distributed on 44,706,696 shares with a par value of NOK 20. The change in ticker for Aker Kvaerner reflects the company's new legal name - Aker Kværner ASA - approved by the shareholders meeting 6 May 2003. For further information: Tore Langballe, Vice President, Aker Kvaerner, Group Communications. Tel: +47 67 51 31 06. Email: tore.langballe@akerkvaerner.com www.akerkvaerner.com