29 June 2009 - Aker Solutions has entered into an agreement to sell
its 33 percent stake in Odim to Rolls-Royce. The agreed price is NOK
45 per share, corresponding to a total value of NOK 700 million. The
sale gives Aker Solutions a profit of close to NOK 125 million,
including dividends paid out by Odim in May. Aker Solutions announced
the acquisition of 33 percent of Odim shares on 2 April this year.

"Since our acquisition of 33 percent of the shares in Odim in April,
we have considered how to secure the best return on this investment,
including steps in direction of a future integration of Odim in Aker
Solutions. During this process we have also been approached by other
interested parties in the market, and we received a good offer from
Rolls Royce Marine. After an overall assessment, our opinion is that
it would be in our shareholders' interest to sell at this price,"
says Simen Lieungh, President & CEO of Aker Solutions.

Aker Solutions has an established co-operation with Odim for
deliveries of total solutions within light drilling and light well
intervention.

"Our industrial efforts within well services and marine operations
continue. Rolls-Royce Marine is a very solid enterprise, and we are
confident that our ongoing projects with Odim as supplier will be
continued in a good way," says Lieungh.

There were other interested parties in the market in April, when Aker
ASA sold their stockholding in Odim to Aker Solutions. That interest
led to an agreement with Aker on profit sharing (50/50) if the shares
were resold during the following year. The total profit from the sale
of the shares is NOK 186,6 million, of which Aker Solutions and Aker
will receive NOK 93.3 million each, in accordance with the profit
sharing agreement.

Rolls-Royce has, through the share purchase agreement, committed to
pay Aker Solutions a supplement should they make an offer for, or
purchase, further shares in Odim at a price of more than NOK 45 per
share. This commitment remains in place for nine months after the
transaction has been completed.

Aker Solutions' sale of Odim shares to Rolls-Royce is pending
clearance by Norwegian competition authorities.

ENDS

For further information, please contact:

Media:
Jannik Lindbæk, SVP Corporate Communications, Aker Solutions. Tel:
+47 67 51 30 36, Mob: +47 977 55 622

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/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 58 billion and
employs approximately 23 000 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.


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