Aker Philadelphia Shipyard : AKPS TRADING EX. RIGHTS TO PARTICIPATE IN SUBSEQUENT OFFERING

Reference is made to prior stock exchange announcement about the private
placement in Aker Philadelphia Shipyard ASA (Trading Symbol: AKPS) (the
"Company").

The shares of the Company are trading exclusive of the conditional right to
participate in the proposed subsequent offering (the "Subsequent Offering") from
and including 17 January 2014.

The subscription period in the Subsequent Offering is expected to run in March
2014.


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


[HUG#1755354]