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AKER YARDS TO BUILD AHTS FOR FARSTAD
12.4.2005

Aker Yards will deliver the third vessel of type UT-712 L Multifunctional, Anchor/Handling/Tug/Supply Service Vessel to Farstad Supply AS in Ålesund, Norway.
In addition to the contract that was signed by Brevik Construction and Farstad Supply in January 2005 an optional agreement for two similar vessels was agreed.

The agreement for this third UT-712 L with a total value of approx. NOK 250 million has now been made effective. The vessel will be delivered in September 2006.
 
Aker Yards has previously built 13 vessels for Farstad Shipping and its subsidiaries. In addition these three UT-712 L will now be delivered in April, July and September 2006.
 
The hull for the vessel will be built at Aker Braila in Romania and outfitted in Norway. The vessel has been designed by Rolls-Royce Marine, who will also be the main supplier of equipment for the project.
 
 
For further information, please contact:
Lars Stärk, Managing Director Aker Brevik, +47 918 50 560
 
Tore Langballe, SVP Corporate Communications and Investor Relations,
Aker Yards ASA, +47 24 13 01 30
 
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Aker Yards is an international shipbuilding group focusing on sophisticated vessels and is 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 and specialized vessels. Aker Yards, with a turnover of NOK 12.5 bn. in 2004, comprises 13 yards in Norway, Finland, Germany, Romania and Brazil and has approximately 13,000 employees. www.akeryards.com
 
Aker Brevik is a wholly-owned subsidiary of Aker Yards and offers turn-key newbuilding projects from the shipyards Brevik Construction in Norway and Aker Braila in Romania. Aker Brevik has long-standing experience from the construction of specialized vessels, with a portfolio including Ro-Ro, fishing vessels and offshore supply vessels.
 

 
   
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