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LETTER OF INTENT CONVERTED TO FIRM CONTRACT FOR BUILDING OF THREE CONTAINER CARRIERS
5.1.2005

With reference to a letter of intent announced on 20 October 2004, Aker Yards today has received a confirmation in the form of a firm contract for building of three container carriers. The contract is worth approximately EUR 150 million. All three vessels are planned for delivery in 2006.

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The release made on 20 October 2004 can be found at www.akeryards.com or www.newsweb.no
 
 
For further information, please contact:
 
Tore Langballe, SVP Communications and Investor Relations,                                +47 24 13 01 30
 
 
Aker Yards is an international shipbuilding group focusing on sophisticated vessels and is Europe's largest and 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 vessels and other complex vessels. Aker Yards, with a turnover of NOK 16 bn. in 2003, comprises 13 yards in Norway, Finland, Germany, Romania and Brazil and has approximately 14,500 employees.
 
 

 
   
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