Aker Solutions ASA (OSL:AKVER) Another Important Drilling Equipment Contract Awarded To Aker Solutions

Aker Solutions ASA (OSL:AKVER) 29 August 2008 - Aker Solutions has been awarded a drilling equipment contract by Daewoo Shipbuilding and Marine Engineering (DSME) in Korea for a new semi submersible drilling rig. The total contract value for Aker Solutions is approximately USD 105 million.

The scope of work is to deliver a complete drilling equipment package including installation and commissioning supervision. The semi submersible drilling rig is scheduled for delivery Q2 2011.

"We are extremely proud to have been awarded yet another important contract with Daewoo. This reconfirms Aker Solutions leading position as a successful supplier of complete drilling equipment packages", says Roald Amundsen, President of Aker MH AS.

This contract will be booked as order intake in 3Q 2008.

The contract party is Aker Solutions subsidiary, Aker MH AS.

ENDS

For further information, please contact:

Media: Siw Anett Enerud, Communications Manager, Aker Solutions. Tel: +47 22 94 71 92 , Mob: +47 95193415. e-mail: siw.anett.enerud@akersolutions.com

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

Career opportunities: Visit http://www.akersolutions.com/Internet/CareerCentre

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 58 billion and employs approximately 24 000 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.

Aker Solutions ASA

http://www.akersolutions.com/

ISIN: NO0010215684

Stock Identifier: XOSL.AKSO