Aker to Build Construction Vessel for DOF

July 25, 2006

Aker Yards has signed a contract with DOF ASA, through its subsidiary DOFCON ASA, for the building of a large construction vessel. The value of the contract is approximately $114.4m. The vessel will be built by Aker Yards in Brazil, with planned delivery May 2009. This large construction vessel is an Aker Yards design, called Aker OSCV 06 and is the fourth vessel of this design under construction to DOF. The vessel is 452.8 ft. and will be equipped with a 250 tons offshore crane. It will have DP Class 3.

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