4th quarter and preliminary annual results 2007 – Best year ever for Aker Kvaerner

Full year consolidated revenues of NOK 57 957 million represented an increase of 15 percent compared to 2006. This increase was due mainly to good markets and high activity in all business areas. Fourth quarter consolidated revenues amounted to NOK 14 876 million, slightly lower compared with NOK 15 304 million for the same period in 2006. The main reason for this reduction was the successful completion of the Ormen Lange and Snøhvit projects in the third quarter 2007.