Invitation to presentation of 1st quarter results 2013

We invite investors, analysts and the media to Kvaerner's results presentation.

24 April 2013 - Kværner ASA will publish its 1st quarter results 2013 at the Oslo Stock Exchange on Tuesday 7 May 2013 at 07:00 CET. The results presentation will be held at Drammensveien 260 (the Hydro building at Vækerø), Oslo at 09:00 CET the same morning.

We invite investors, analysts and the media to Kvaerner's results presentation:

Date: Tuesday 7 May 2013
Time: 09:00 CET
Location: Drammensveien 260, Oslo
Language: English

To attend the presentation at Drammensveien 260, Oslo, please register by emailing ir@kvaerner.com.

The presentation will be broadcast live on www.kvaerner.com and
http://webcast.seria.no/webcast/1805867 at 09:00 CET.

The complete 1st quarter results 2013 report and presentation will be available at http://www.kvaerner.com and www.newsweb.no.

ENDS

For further information, please contact:

Investor relations:
Ingrid Aarsnes, SVP Investor Relations, Kvaerner, Tel: +47 67 59 50 46, Mob: +47 950 38 364

Media:
Mariken Holter, SVP Corporate Communications, Kvaerner, Tel: +47 67 52 74 35, Mob: +47 917 87 358

About Kvaerner:
With more than 3 000 HSE-focused and experienced employees, Kvaerner is a specialised provider of engineering, procurement and construction (EPC) services for offshore platforms and onshore plants. Kværner ASA, through its subsidiaries and affiliates ("Kvaerner"), is an international contractor that plans and realises some of the world's most demanding projects as a preferred partner for upstream and downstream oil and gas operators, industrial companies and other engineering and fabrication contractors.

In 2012, the Kvaerner group had consolidated annual revenues of close to NOK 11 billion and the company had an order backlog at 31 December 2012 of more than NOK 21 billion. Kvaerner was publicly listed with the ticker "KVAER" at the Oslo Stock Exchange on 8 July 2011. For further information, please visit www.kvaerner.com.

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