Aker Yards and the Finnish Navy have signed a contract for modernizing two mine layers.
The order worth EUR 27.9 million means 200 man years of work for Aker Yards, Rauma where the conversions take place for deliveries in January and August 2007.

The vessels called "Hameenmaa" and "Uusimaa" were originally delivered from Rauma in 1992.
Now they will be modernized in order to conform with the new performance requirements, and a general overhaul of the ship systems will take place. The combat systems will be modernized as well.
"The Finnish Navy is a very important customer for our company. Aker Yards aims to further develop its competitiveness in the naval craft market in order to remain as the preferred builder for the Finnish Navy,"says Yrjö Julin, President responsible for both Aker Yards Finnish yards and the Group's Cruise & Ferries business area.
Aker Yards is the purveyor of the Finnish Navy, over the years more than 100 naval craft were delivered. The co-operation dates back to the 1930`s. In the eighties and nineties several missile boats were delivered, the last series being so-called Hamina-class. The fourth vessel of the series is presently building at Aker Yards, Rauma for delivery in summer 2006.
The mine layers to be modernized are 77 m long and 11.6 m wide. In addition to the main task, laying mines, the vessels are suitable for surveillance, securing sealines communication, command and support vessel tasks as well as sea transport.
For further information, please contact:
Aker Yards ASA
Tore Langballe, SVP Communications and IR, tel. +47 90 777 841
Aker Yards, Finland
Yrjö Julin, President, tel. +358 40 751 7940
Sinikka Railo, Communications Manager, tel. +358 40 512 0253
Aker Yards ASA is an international shipbuilding group focusing on sophisticated vessels. The group has a strong position both in terms of innovation, product range, technology, experience and capacity. The product range includes cruise vessels & ferries, merchant vessels, offshore & specialized vessels. Aker Yards, with an annual turnover of euro 2 bn, comprises 13 yards in Norway, Finland, Germany, Romania and Brazil and has approximately 13,000 employees. In Finland Aker Yards has three yards: in Turku, Helsinki and Rauma.
Aker Yards is part of the Aker Group (, a leading multi-industry powerhouse with more than 40,000 employees and EUR 7.5 billion revenues. Aker owns 55.6 per cent of Aker Yards, and the group is also a significant participant in the oil & gas business as well as the fisheries industry.

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