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Distributed: Sep 30, 2008

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Aker Yards ASA (OSL:AKY) STX Europe ASA (Aker Yards ASA) has taken up a short term loan of NOK 50,000,000 from STX Norway AS. The loan is for general corporate financing purposes and carries an interest rate of NIBOR +2.5 percent.

For further information, please contact:

Torbjørn Andersen SVP Corporate Communications Tel: +47 92 88 55 42

Elise Heidenreich Vice President Investor Relations Tel: +47 95 14 11 47

Aker Yards ASA

http://www.akeryards.com

ISIN: NO0010222995

Stock Identifier: XOSL.AKY



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