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2008 August 22   12:45

STX may force a transfer of the remaining Aker Yards shares

STX Norway AS has received acceptance to acquire 54,5 million shares as a result of its mandatory offer to buy the remaining shares in Aker Yards. Including treasury shares, STX Norway AS will after settlement control 92.46 per cent of the shares in Aker Yards, giving the company the right to force a transfer of the remaining shares. If a forced transfer takes place, the acquisition price shall correspond to that paid by STX in the mandatory offer, which is NOK 63.

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