Aker Solutions sells office buildings

09.12.2010  |  Globenewswire Europe

Aker Solutions has sold the office part of its new building at Fornebu outside
Oslo and signed a letter of intent for sale of its new office building at Hinna
in Stavanger. The sales will release approximately NOK 1 billion in cash.

Purchasing the building at Fornebu is a property company established by Pareto
Project Finance. The building in Stavanger is being acquired by a non-disclosed
renowned player in the property market. Both transactions are expected to be
concluded in the fourth quarter of 2010.

The transactions will most likely provide a gain of approximately NOK 500
million. Because Aker Solutions is responsible for the completion of the
facilities within specific timeframes and budgets, the accounting gain will be
booked in 2012 when the buildings are completed.

The release of cash mentioned above is net after Aker Solutions has re-invested
a total amount of NOK 170 million in the two property companies. The investment
provides Aker Solutions with an ownership share of 25 percent in both.

ENDS

For further information, please contact:
Media:
Geir Arne Drangeid, EVP Communications, Aker Solutions. Tel: +47 67 51 30 36,
Mob: +47 91310458

Investor relations:
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39,
Mob: +47 911 37 194

Suppliers:
For further information about sourcing and potential subcontracts for this
project, please visitwww.akersolutions.com/suppliers

Career opportunities:
Visithttp://www.akersolutions.com/careers

Aker Solutions ASA, through its subsidiaries and affiliates ("Aker Solutions"),
is a leading global provider of engineering and construction services,
technology products and integrated solutions. Aker Solutions' business serves
several industries, including oil & gas, refining & chemicals, mining & metals
and power generation. The Aker Solutions group is organised in a number of
separate legal entities. Aker Solutions is used as the common brand/trademark
for most of these entities.

Aker Solutions' parent company is Aker Solutions ASA.  Aker Solutions has
aggregated annual revenues of approximately NOK 54 billion and employs
approximately 22 000 people in about 30 countries.

Aker Solutions is part of Aker (www.akerasa.com), a group of premier companies
with a focus on energy, maritime and marine resource industries. The Aker
companies share a common set of values and a long tradition of industrial
innovation. As an industrial owner controlling 40.27 percent of the shares in
Aker Solutions through Aker Holding AS, Aker ASA takes an active role in the
development of Aker Solutions.

This press release may include forward-looking information or statements and is
subject to our disclaimer, see www.akersolutions.com.
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)








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Source: Aker Solutions ASA via Thomson Reuters ONE

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Unternehmen: Aker Solutions ASA - ISIN: NO0010215684