Reidar Lund News

Kvaerner, the international engineering and construction group said that the board election committee had reached a decision concerning nominations for a new board to be elected at the extraordinary general meeting in Oslo, Norway, later today. The nominations are as follows: Kjell Inge Rokke, Helge Lund, Anders Eckhoff, Tore Tonne, Reidar Lund, and Yngve Hagensen. The election committee consists of Ragnhild Wilborg (chairman), head of investments for ODIN Forvaltning, Allen Akerstedt, president of Storebrand Kapitalforvaltning, and Kjell Inge Rokke, chairman of Aker RGI. The current board of Kvaerner advised the election committee yesterday that its members were prepared to resign their positions following the announcement of a preliminary agreement between Kvaerner and Aker Maritime.