Aker Solutions ASA (OSL:AKVER) Changes In Aker Solutions Executive Management Team

Aker Solutions ASA (OSL:AKVER) To further strengthen its management and accelerate the strategic development of core business areas, Aker Solutions has decided to adjust its executive management team.

Returning to Aker Solutions from Aker US Inc, Gary Mandel is appointed executive vice president (EVP) of the Process & Construction (P&C) business area. He replaces EVP Jarle Tautra who moves to a similar position in the Energy Development & Services (ED&S) business area. Nils Arne Hatleskog, previously head of ED&S, has unfortunately decided to leave the company.

Jarle Tautra has been part of Aker Solutions' executive management team since 2002 as EVP for the company's P&C business. In this period the business area has been successfully restructured, achieving strong performance with good profitability. Tautra has 25 years of experience from the offshore industry. From 1997, he served as President of Aker Oil & Gas and as EVP of EPC Norway in Aker Maritime ASA. Prior to this, he held various positions in Norsk Hydro ASA.

Gary Mandel has previously been CEO of Aker American Shipping. Prior to this, Mandel served as EVP from 2002 to 2007 for Aker Solutions' former Oil, Gas, Process and Energy business area. Through more than 25 years Mandel has worked within the oil and gas industry, both upstream and downstream. As the new EVP for P&C, Gary Mandel will be based in Houston. Gary will remain Vice Chairman of the board of Aker Philadelphia Shipyard and a Director on the board of American Shipping Company throughout the serving terms. As EVP in Aker Solutions he will continue coordinating Aker ASA Group activities, maintaining executive relationships with key clients and exploring new business opportunities across Aker companies in the US.

Nils Arne Hatleskog has decided to resign to seek opportunities outside Aker Solutions. Hatleskog was appointed EVP for the business area Energy Development last year. He led the successful merger of the two former business areas Field Development and MMO.

The changes will take effect 1 February 2009.

ENDS

For further information, please contact:

Investor relations: Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39, Mob: +47 911 37 194

Media: Jannik Lindbæk jr. SVP Corporate Communications, Aker Solutions. Tel: +47 67 51 30 36, Mobile: +47 977 55 622

Career opportunities: Visit http://www.akersolutions.com/Internet/CareerCentre

Notes to editors: Aker Solutions ASA, through its subsidiaries and affiliates ("Aker Solutions"), is a leading global provider of engineering and construction services, technology products and integrated solutions. Aker Solutions' business serves several industries, including oil & gas, refining & chemicals, mining & metals and power generation. The Aker Solutions group is organised in a number of separate legal entities. Aker Solutions is used as the common brand/trademark for most of these entities.

Aker Solutions' parent company is Aker Solutions ASA. Aker Solutions has aggregated annual revenues of approximately NOK 58 billion and employs approximately 26 000 people in about 30 countries.

Aker Solutions is part of Aker (www.akerasa.com), a group of premier companies with a focus on energy, maritime and marine resource industries. The Aker companies share a common set of values and a long tradition of industrial innovation. Through its majority-owned holding company Aker Holding AS, Aker controls 40.27 percent of the shares in Aker Solutions, and takes an active role in the development of the company.

This press release may include forward-looking information or statements and is subject to our disclaimer, see www.akersolutions.com.

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Aker Solutions ASA

http://www.akersolutions.com/

ISIN: NO0010215684

Stock Identifier: XOSL.AKSO