Aker Yards: Ferry delivery schedule revised in Finland, evaluating offshore spin-off

As a result of the continued very heated situation in the shipbuilding industry, and continued high loading in the Finnish operations, the delivery program for ferries in Finland has been further revised. Several of the projects will be delivered some weeks or months later than planned. As when the delivery plan is been shifted, the project estimates have been revised accordingly, and results for 2007 and 2008 will be impacted. Further, the Board of Directors has decided to evaluate a possible spin-off of the business area Offshore & Specialized Vessels in order to enhance shareholder values.