Purchase order for shares in Akastor ASA

NOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL AKA: Purchase order for shares in Akastor ASA Pareto Securities AS has been engaged by a financial investor to explore the opportunity to purchase between 5,000,000 and 6,000,000 shares in Akastor ASA, corresponding to 1.82 % to 2.19 % of the number of shares issued by the company, at a maximum price of NOK 7.60 per share. The price per share will be set based on a bookbuilding process carried out by Pareto Securities AS. The purchase order will commence as of publication of this notice and expire on 1 March 2016 at 16.30 CET. The purchase order may be closed earlier or extended. In the event that sales interest for more than 6,000,000 shares are received, the financial investor reserves the right, at its own discretion, to purchase more shares. If sales orders for less than 5,000,000 shares are received, the investor reserves the right, at its sole discretion, to purchase fewer shares or no shares at all. Shareholders who wish to sell shares should call Pareto Securities AS on +47 22 87 87 50. US based shareholders are excluded from the purchase order, and any sales orders received from US based shareholders will be disregarded without further notice. Sales orders are irrevocable and cannot be withdrawn by the shareholder after receipt by Pareto Securities AS. Allocation will be made at the sole discretion of Pareto Securities AS and its client. The investor reserves the right, at its sole discretion, to terminate the offer or make any amendments to the offer. If the purchase order is completed, settlement will take place on or about 4 March 2016 (subject to change). If the purchase order is not completed, all shares for which sales orders have been received will be released without further compensation to the shareholder.