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REGARDING CONTRACT WITH FARSTAD SUPPLY AS
20.1.2005

Oslo, 20 January 2004. With reference to press release sent on 17 December 2004, Aker Yards has been notified that Farstads Supply's charter party agreement with Norsk Hydro has not been confirmed.

Decision whether the contract between Farstad Supply AS with Aker Brattvaag AS will be upheld will be taken later today, and communicated to the Oslo Stock Exchange accordingly.
 
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For further information, please contact:
 
Tore Langballe, SVP Communications and Investor Relations,                           +47 90 77 78 41

 
   
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