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AKER YARDS BUILDS TWO MORE PSV'S FOR NORDCAPITAL
1.9.2006

Nordcapital Holding in Hamburg, Germany and Aker Yards announced today an agreement to build another two Platform Supply Vessels (PSV's) of the type UT 755 LN.

The two vessels are scheduled for delivery in December 2008 and March 2009, and will be built at Aker Yards, Aukra in Norway. The value of the contract is approximately NOK 290 million. Including the new orders Nordcapital will receive eight sister vessels altogether from Aker Yards between October 2007 and March 2009. All ships are fitted with advanced DP1 and FiFi1 systems.
 
 
Aker Yards ASA
Tore Langballe, SVP Communications and IR,              Phone: +47 24 130 130
E-Mail: tl@akeryards.com
 
Nordcapital Group
Christiane Pieper, Press Contact,                                Phone: +49 40 378 550 37
E-Mail: presse@nordcapital.com
 
 
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 comprises 17 yards in Brazil, Finland, France, Germany, Norway, Romania and Ukraine. Aker Yards has approximately 20,000 employees.
 
Aker Yards is part of the Aker Group (www.akerasa.com), a leading multi-industry powerhouse with more than 50,000 employees and EUR 10 billion revenues. Aker owns 50.4 per cent of Aker Yards, and the group is also a significant participant in the oil & gas business as well as the fisheries industry.
 
The Nordcapital Group is active in Shipping, Real Estate and Private Equity. Since its foundation in 1992, it has realised a total investment volume about € 5 billion for private and institutional investors, holding equity of about € 2 billion.
 
Apart from the focus on shipping, where there are some 90 funds and a total investment volume of about € 4 billion at present, Nordcapital currently has 15 real estate projects in the Netherlands, the UK and the USA, with total investments of some € 500 million. In the Private Equity sector, Nordcapital manages funds with a volume of about € 450 million.
www.nordcapital.com

 
   
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