With reference to a letter of intent announced on 29 December 2004, Aker Yards today has received a confirmation from Fjord1 in the form of a firm contract for building of five gas powered ferries. The contract is worth approximately NOK 1.2 billion. Delivery is scheduled for second half of 2006.
For further information, please contact:
Tore Langballe, SVP Communications and Investor Relations, +47 24 13 01 30
Aker Yards is an international shipbuilding group focusing on sophisticated vessels and is Europe's largest and one of the world's five largest shipbuilders. The group has a strong position both in terms of innovation, product range, technology, experience and capacity. The product range includes cruise vessels and ferries, merchant vessels, offshore vessels and other complex vessels. Aker Yards, with a turnover of NOK 16 bn. in 2003, comprises 13 yards in Norway, Finland, Germany, Romania and Brazil and has approximately 14,500 employees.