4th quarter 2006 – Profitable growth continues

Aker Yards ASA reported an EBITDA of NOK 401 million for the fourth quarter of 2006, an increase of 15 percent compared with the fourth quarter of 2005. The EBITDA result for 2006 was NOK 1 443 million, up 40 percent from 2005. Earnings per share (EPS) were NOK 21.77 for the quarter, and NOK 46.56 for the full year. Order intake in the fourth quarter was NOK 8 906 million, giving an order backlog of NOK 79 420 million at the end of the quarter, comprising 149 vessels. The Board of Directors proposes to pay a dividend for 2006 of NOK 18 per share for the year 2006.