Aker Solutions Appoints David Phillips as Head of Industry and Investor Relations

Phillips, 43, served as global co-head of oil and gas research and managing director at HSBC since mid-2011 after joining the bank as an analyst in 2005. He earlier specialized as an analyst covering the chemicals sector for banks including Commerzbank, Morgan Stanley and Dresdner Kleinwort Benson.

Phillips will be based at Aker Solutions' London office and report to the company's chief financial officer. He has a BA in Chemistry from Oxford University and a PhD in Chemistry from Cambridge University.

ENDS

Aker Solutions is a global provider of products, systems and services to the oil and gas industry. Our engineering, design and technology bring discoveries into production and maximize recovery from each petroleum field. We employ approximately 28,000 people in about 30 countries. Go to www.akersolutions.com for more information on our business, people and values.

This press release may include forward-looking information or statements and is subject to our disclaimer, see www.akersolutions.com.

Bunny Nooryani

Bunny Nooryani

Director, Communications & Investor Relations

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