Aker Solutions removes project from order backlog

15 November, 2010 - Following notification that local government do not intend
to proceed with the proposed Oakville Generating Station in Ontario, Canada,
TransCanada Corporation (TransCanada) has terminated an agreement with Aker
Construction Canada Ltd, a subsidiary of Aker Solutions, for the proposed
natural gas-fired combined cycle power plant.

Aker Construction Canada Ltd. was awarded a notice to proceed by TransCanada for
the construction of the facility pursuant to a joint venture with HDR
Corporation and in cooperation with TransCanada. The CAD 400 million agreement
was disclosed by Aker Solutions to Oslo Stock Exchange on 10 November 2009. Aker
Solutions is now removing the contract value from its Process & Construction
order backlog with effect from fourth quarter 2010.

ENDS



For further information, please contact:

Media:
Geir Arne Drangeid, EVP Corporate Communications, Aker Solutions. Tel:
+47 67 51 30 36, Mob: +47 977 55 622

Vanessa Mourant, VP Communications, Aker Solutions. Tel: +44 (0)20 8545 0270,
Mobile: +44 (0)7771 806566

Investor relations:
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39,
Mob: +47 911 37 194



Suppliers:
For further information about sourcing and potential subcontracts for this
project, please contact the relevant BA Global Sourcing Champion.

Career opportunities:
Visithttp://www.akersolutions.com/careers



Aker Solutions ASA

, through its subsidiaries and affiliates ("Aker Solutions"), is a leading
global provider of engineering and construction services, technology products
and integrated solutions. Aker Solutions' business serves several industries,
including oil & gas, refining & chemicals, mining & metals and power generation.
The Aker Solutions group is organised in a number of separate legal entities.
Aker Solutions is used as the common brand/trademark for most of these
entities.



Aker Solutions' parent company is Aker Solutions ASA.  Aker Solutions has
aggregated annual revenues of approximately NOK 54 billion and employs
approximately 22 000 people in about 30 countries.



Aker Solutions is part of Aker (www.akerasa.com), a group of premier companies
with a focus on energy, maritime and marine resource industries. The Aker
companies share a common set of values and a long tradition of industrial
innovation. Through its majority-owned holding company Aker Holding AS, Aker
controls 40.27 percent of the shares in Aker Solutions, and takes an active role
in the development of the company.



Aker Solutions' Process and Construction business area is a global provider of
onshore engineering, procurement, construction and commissioning services to the
natural resources and energy markets. We supply niche process expertise with
high technology and know-how content for projects across chemicals, polymers,
gas processing and refining; mining and metals; onshore liquefied natural gas
(LNG) terminals and storage; power generation; carbon capture; nuclear and water
management.


Aker Construction, Inc. is the union construction arm of Aker Solutions, and
provides a full range of construction, maintenance and renovation services to
the North American industrial sector. Our services are characterised by the
highest standards of safety, quality, teamwork, innovation and cooperation, thus
enabling us to respond to the needs of our customers and deliver on-time and in-
budget performance. Direct hire union construction, maintenance and renovation
services are provided to the power, steel, chemical, petro-chemical, and other
industrial sectors in North America. In addition, Aker Construction provides
construction management and project planning services to the above sectors on an
international basis.



This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)


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