Aker Kvaerner to supply cooking plant and recovery island to Suzano's


"This order clearly demonstrates the strength of Aker Kvaerner's
technology and capabilities within the pulp and paper industry, and
is one of the biggest orders ever in this area for Aker Kvaerner. It
marks yet another important reference on the fast growing South
American market," says Inge K. Hansen, President & CEO of Aker
Kvaerner.

The contract is part of Suzano's expansion project consisting of a
new bleached kraft pulp line at the existing Mucuri mill, at the
southern tip of Bahia state. The new line will increase the mill's
pulp production by one million tons/year, using eucalyptus as raw
material.

Aker Kvaerner will provide engineering, procurement and construction
services (EPC) under the new contract. Start-up is scheduled for the
third quarter of 2007.

Kvaerner Pulping, part of the Aker Kvaerner group, will deliver the
cooking plant, featuring the state-of-the-art Compact Cooking
technology, as well as the white liquor plant. With a capacity of
10,000 m3 per day the white liquor plant will be the biggest
single-line in the world.

Kvaerner Power, part of the Aker Kvaerner group, will deliver a new
recovery boiler, a recovery boiler modernisation and a new
evaporation plant. The new recovery boiler rated at 4,700 tons dry
solids per day (t ds/d), will be among the largest in the world. The
recovery boiler (3,400 t ds/d) to be modernised was originally
delivered by Kvaerner Power in 1990. The new evaporation plant has a
capacity of 1,100 tons of evaporated water per hour.

ENDS

For further information please contact:

Media:
Stein Inge Liasjo, VP Group Communications, Aker Kvaerner. Tel: +47
67 51 30 94, Mob: +47 4640 2353

Anders Thorén, Communications Manager, Kvaerner Pulping. Tel: +46 54
19 47 66,
Mob: +46 703 55 64 22

Terttu Tuominen, Communications Manager, Kvaerner Power. Tel: +358 20
141 2440,
Mob:  +358 40 501 1415.

Investor relations:
Lasse Torkildsen, Vice President, Aker Kvaerner, Group Comms. Tel:
+47 67 51 30 39

AKER KVAERNER ASA, through its subsidiaries and affiliates ("Aker
Kvaerner"), is a leading global provider of engineering and
construction services, technology products and integrated solutions.
The business within Aker Kvaerner comprises several industries,
including Oil & Gas, Refining & Chemicals, Mining & Metals,
Pharmaceuticals & Biotechnology, Power Generation and Pulp & Paper.
The Aker Kvaerner group is organised into two principal business
streams, namely Oil & Gas and E&C, each consisting of a number of
separate legal entities. Aker Kvaerner is used as the common
brand/trademark for most of these entities. The parent company in the
group is Aker Kvaerner ASA. Aker Kvaerner has aggregated annual
revenues of approximately NOK 35.6 billion and employs approximately
22,000 people in more than 30 countries.

Kvaerner Pulping is a leading supplier of machines, process systems
and service to the world-wide pulp and paper industry. Kvaerner
Pulping, with headquarters in Karlstad, Sweden, has 630 employees in
12 countries around the world. Kvaerner Pulping is committed to
continuously improving its customers' products, productivity and
profitability through the delivery of innovative technical solutions.
Kvaerner Pulping offers the full range of engineering, procurement
and construction services, from single machines to complete
fiberlines and white liquor plants .

Kvaerner Power is the leading chemical recovery equipment supplier in
the world with its 300 recovery boilers and 300 evaporation unit
deliveries.  Kvaerner Power  is also a forerunner in large scale
fluidized bed combustion for pulp and paper industry and power
producers. Approximately 200 power boilers in operation testify to
the expertise in fluidized bed technology with demanding fuels.
Kvaerner Power has designed and manufactured the world's largest
recovery units and biomass-fired fluidized bed boilers. Kvaerner
Power with main operations in Finland, Sweden, USA and Brazil has
annual revenues of approximately EUR 400 million and it employs 1400
people worldwide.

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