Kværner ASA: Notice of Annual General Meeting of Kværner ASA

19 March 2014 - Attached is the notice of Annual General Meeting of Kværner ASA including notice of attendance/Proxy and the Annual Report for 2014. The General Meeting will be held Thursday 10 April 2014 at 09:00 CET at the premises of Kværner ASA at Drammensveien 264, Vækerø, 0283 Oslo, Norway. A hard copy version of the notice will be posted to the shareholders today.

The Nomination Committee`s work has not yet been concluded. Their recommendation will be published at the Oslo Stock Exchange and the company`s website www.kvaerner.com as soon as it is available.

The notice of meeting and supporting documents including the Articles of Association and Corporate Social Responsibility Report 2013, are available at www.kvaerner.com.

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:
Torbjørn Andersen, VP Communications, Kvaerner, Tel: +47 67 51 31 44, Mob: +47 928 85 542

About Kvaerner:
Kvaerner is a leading provider of engineering, procurement and construction (EPC) services, and delivers offshore installations and onshore plants for upstream oil and gas production around the world. Kværner ASA, through its subsidiaries and affiliates ("Kvaerner"), is an international contractor and preferred partner for oil and gas operators and other engineering and fabrication contractors. Kvaerner and its approximately 2 800 HSSE-focused and experienced employees are recognized for delivering some of the world's most amazing and demanding projects.

In 2013, the Kvaerner group reported consolidated annual revenues of close to NOK 13 billion and the company reported an order backlog at 31 December of almost NOK 23 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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