Press Releases

Aker Yards ASA (OSL:AKY) Aker Yards and MSC Cruises have signed a contract for building two cruise ships of Musica-class.

The vessels will be built at Aker Yards, Saint-Nazaire and delivered in February 2011 and February 2012 respectively. The contract is still subject to financing.

More information: Sinikka Railo, VP Communications, Aker Yards, Cruise & Ferries Finland, phone +358 40 512 0253 Eric Breux, Communications Director, Aker Yards, Cruise & Ferries France, phone +33 662 176 709 Elise Heidenreich, VP Investor Relations, Aker Yards ASA, phone +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 15 yards in Brazil, Finland, France, Norway, Romania and Vietnam, in addition to ownership in yards in Germany and Ukraine. Aker Yards has approximately 16,000 employees.

Aker Yards, Cruise & Ferries business area comprises three shipyards and two cabin factories in Finland, two shipyards, a cabin factory and a design company in France, and life cycle service activities in Finland, France and the USA. With a focus on innovative design and powerful cruise experiences, Aker Yards is the world's leading cruise ship builder.

Aker Yards ASA

http://www.akeryards.com

ISIN: NO0010222995

Stock Identifier: XOSL.AKY