Ocean Yield AS - Contemplating Bond Issue

Ocean Yield AS, a 100% owned subsidiary of Aker ASA, is contemplating to issue a senior unsecured bond in the Norwegian credit market with maturity in July 2017.

The contemplated bond issue will have a minimum issue amount of NOK 500 million. The net proceeds will be used to finance growth and for general corporate purposes.

Ocean Yield AS, a 100% owned subsidiary of Aker ASA, is contemplating to issue a senior unsecured bond in the Norwegian credit market with maturity in July2017. The contemplated bond issue will have a minimum issue amount of NOK 500 million. The net proceeds will be used to finance growth and for general corporate purposes.

DNB Markets and Pareto Securities are the lead arrangers of the new potential bond issue.

Company contact:Lars Solbakken, CEO, Ocean Yield AS +47 24 13 01 90

This information is subject of the disclosure requirements acc. to §5-12 vphl(Norwegian Securities Trading Act)