Aker Philadelphia Shipyard: Company Name Change Registered with the Norwegian Register of Business Enterprises


Reference is made to the stock exchange release of Aker Philadelphia Shipyard ASA (the "Company") of November 30, 2015 regarding the amendment of the Company's name to Philly Shipyard ASA.

The change of name has today been registered with the Norwegian Register of Business Enterprises (Nw. Foretaksregisteret).

Commencing on December 3, 2015 and thereafter, the Company's shares will trade under the new name Philly Shipyard ASA and the new ticker symbol "PHLY" on Oslo Axess.

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This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.