UPDATE: Akastor ASA: Invitation to presentation of 4th quarter results 2014

Akastor ASA will publish its 4th quarter results 2014 on Tuesday 10 February at 8:00 a.m. CET.

The presentation will be held at Fjordalleén 16 at 9.00 a.m. Presenters are CEO Frank O. Reite and CFO Leif Borge. The presentation will be webcasted and available through a conference call.

Webcast link: http://webtv.hegnar.no/presentation.php?webcastId=19994866

Dial in details: Local - USA + 1212 444 0412
Local - UK +44 (0) 20 3427 1907
Local - Norway +47 2316 2771
Confirmation Code: 2116777

An additional conference call is scheduled the same day at 2.00 p.m. CET/

8.00 a.m. EST.

Dial in details: Local - USA +1646 254 3362
Local - UK +44 (0) 20 3427 1917
Local - Norway +47 2100 6919
Confirmation Code: 1576555

The complete 4th quarter 2014 report and presentation will be available at www.akastor.com and www.newsweb.no.

For further information, please contact:

Tore D. Langballe
Head of Communications and Investor Relations
Mob: +47 907 77 841
E-mail: tore.langballe@akastor.com

Akastor ASA is an oilfield services investment company with a flexible mandate for long-term value creation. The company exercises active ownership combining a range of strategic, operational and financial measures to develop and unlock the full value potential of its portfolio of companies. Akastor ASA employs approximately 7,400 people.

This information is subject of the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.