Disclosure of large shareholding

Pursuant to section 4-1 of the Norwegian Securities
Trading Act, we hereby give notice that the funds
managed by Newtyn Management, LLC have purchased
4,341,234 shares of Akastor ASA on April 5, 2016 which
brings the total number of shares held by the funds to
42,656,327 shares. This represents 15.57% of the
274,000,000 issued shares and voting rights.

The shares and voting rights are held as follows:
29,006,303 shares held by Newtyn Partners, LP
13,650,024 shares held by Newtyn TE Partners, LP