16 March 2017 - Attached is the notice of annual general meeting of Akastor ASA together with the (i) form of notice of attendance/proxy, (ii) statement regarding remuneration to executive management, (iii) board of directors' proposed resolutions and (iv) proposal from the nomination committee.

The general meeting will be held Thursday 6 April 2017 at 09:00 CEST at Oksenøyveien 10, Building B, 1366 Lysaker, Norway.

The following documentation is made available at the company's website www.akastor.com:

• Notice of annual general meeting (including form of notice of attendance/proxy)
• The board of directors' proposed resolutions
• Proposal from the nomination committee
• Statement regarding remuneration to executive management
• Annual report for Akastor ASA and the group for 2016, including the board's corporate governance statement
• Akastor's corporate responsibility report for 2016

ENDS

For further information, please contact:

Tore D. Langballe
Head of Communications & Investor Relations
Mob: +47 907 77 841