Aker Floating Production Issues Shares

Aker Floating Production has issued 12.0 million new shares in relation to the private placement announced on April 11th and now has a total of 22 million shares outstanding. The proceeds from this capital raise were as previously announced US $150 million.

Shares in Aker Floating Production will commence trading on the OTC list of the Norwegian Securities Dealers Association today under the ticker code 'AKFP'.