4th quarter and preliminary annual results 2010

Aker Solutions' operating revenues in the fourth quarter of 2010 were NOK 15
billion and earnings before interest tax depreciation and amortisation (EBITDA)
was NOK 1 191 million. The preliminary results for full year 2010 show revenues
of NOK 50.8 billion and EBITDA of NOK 4.3 billion.

All of the above numbers are for Aker Solutions including discontinued
operations, ie the parts of the former P&C business area which was transferred
to Jacobs on 1 February 2011.

The Board will propose to pay an ordinary dividend of NOK 2.75 per share.

"The 2010 accounts show that Aker Solutions has emerged from the 2008-09
financial turmoil and on strong note. Although revenues declined in 2010,
earnings remained at the same levels as in the previous year," says Øyvind
Eriksen, executive chairman of Aker Solutions ASA.

The market fundamentals for Aker Solutions are good.  The company is
experiencing high tender activity. Order intake in the fourth quarter of 2010
was NOK 14.5 billion, and the order backlog at the end of 2010 was NOK 55.4
billion (NOK 50.8 billion for the continuing Aker Solutions operations).

"Although operations have improved in many parts of the business, a more
detailed analysis reveals opportunities for further improvement and increased
profits," Eriksen underlines.

He points to the fact that NOK 478 million losses and provisions related to the
Drilling riser business and the Longview project respectively were booked in the
fourth quarter of 2010. These negative results where offset by strong project
execution in other parts of the company.

ENDS

For a complete set of financial data for the fourth quarter 2010 and preliminary
results for the full year 2010 for Aker Solutions with and without discontinued
businesses, please see the report and presentation material disclosed today.
This material which is available on www.akersolutions.com also includes
preliminary unaudited figures for Aker Contractors and the business areas of the
new Aker Solutions.

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 visit www.akersolutions.com/suppliers

Career opportunities:

Visit http://www.akersolutions.com/careers

Aker Solutions ASA, through its subsidiaries and affiliates ("Aker Solutions"),
is a leading global oil services company that provides engineering and
construction services, technologies, product solutions and field-life solutions
for the oil and gas industry. 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 46 billion and employs
approximately 20 000 people in about 26 countries.

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 pursuant to section
5-12 of the Norwegian Securities Trading Act.



4th quarter results 2010 Norwegian summary:
http://hugin.info/77/R/1489886/425456.pdf

4th quarter results 2010 Presentation:
http://hugin.info/77/R/1489886/425471.pdf

4th quarter results 2010 Report:
http://hugin.info/77/R/1489886/425455.pdf




This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Aker Solutions ASA via Thomson Reuters ONE

[HUG#1489886]


Unternehmen: Aker Solutions ASA - ISIN: NO0010215684