Aker Philadelphia Shipyard to Pay Dividend

Maritime Activity Reports, Inc.

July 19, 2014

Aker Philadelphia Shipyard

Aker Philadelphia Shipyard


]On July 16, 2014, the Board of Directors of Aker Philadelphia Shipyard ASA (Oslo: AKPS) resolved to pay a dividend to the shareholders of AKPS as of expiry of July 22, 2014, of NOK 1.5 per share, in aggregate NOK 18,862,149.

The resolution was made pursuant to an authorization granted by the Annual General Meeting of AKPS on April 9, 2014.

The shares in AKPS will be traded ex-dividend from and including July 23, 2014. The dividend will be paid on or about August 1, 2014 to the bank account registered on the relevant shareholder's securities depository (VPS) account.

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