Aker Yards ASA has been informed that the EU Commission has granted STX an exemption from the suspension of voting rights attached to its shares in Aker Yards ASA, due to the pending merger control approval, to the effect that STX will be allowed to vote for its shares at the extraordinary shareholders' meeting to be held 1 April 2008 provided that it exercises the voting rights for the purpose of seeking to secure that the existing members of the Board remains as such.
As announced 7 March 2008, the shareholder Havyard Invest AS has called for an extraordinary shareholders' meeting 1 April where they will propose to elect a new Board of Directors. Further information regarding the extraordinary shareholders' meeting may be found at the company's web page:
For further information, please contact:
Aker Yards ASA
SVP Corporate Communication and IR
Tel: +47 92 88 55 42
Investor Relations Manager
Tel: +47 95 14 11 47
Aker Yards ASA (www.akeryards.com) 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 and offshore & specialized vessels. Aker Yards comprises 18 yards in Brazil, Finland, France, Germany, Norway, Romania, Ukraine and Vietnam. Aker Yards has approximately 21,000 employees.