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REGARDING DISTRIBUTION OF DIVIDEND
19.3.2007

As appears from item 5 of the agenda for the ordinary general meeting of Aker Yards ASA on 29 March 2007, the Board proposes a distribution of dividend of NOK 18.00 per share.

Provided that the general meeting adopts the proposal, the share will be traded ex-dividend as from 30 March 2007. Shareholders per end of 29 March 2007 are entitled to dividend payment.

As appears from item 12 on the agenda for the ordinary general meeting, the Board proposes to split the Aker Yards share, so that one Aker Yards share becomes five new shares. If adopted, the share will be listed post-split as of 30 March 2007.
 
Consequently, if adopted, the Aker Yards share will be traded at Oslo Stock Exchange with new nominal value after the split of shares and exclusive the dividend as from 30 March 2007. The dividend will be paid out Friday 13 April 2007.
 
The total amount of dividend will be NOK 408 985 506.
 
 
 
For further information, please contact:
 
Aker Yards ASA:
Tore Langballe, Senior Vice President, Communications & IR, phone +47 90 77 78 41
 

 
   
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