Invitation to presentation of 1st quarter results 2017

Kværner ASA will publish its 1st quarter results 2017 at the Oslo Stock Exchange on Monday 8 May 2017 at 07:00 CET. A presentation will be held at Kvaerner's offices at Fornebuporten, Oksenøyveien 10 at 09:00 CET the same morning.

We invite investors, analysts and the media to the presentation:

Date: Monday 8 May 2017
Time: 09:00 CET
Location: Fornebuporten, Oksenøyveien 10, Lysaker
Language: English

To attend the presentation, please register by emailing ir@kvaerner.com.
The presentation will be broadcast live on www.kvaerner.com and http://webtv.hegnar.no/presentation.php?webcastId=52283238 at 09:00 CET.

The complete 1st quarter results 2017 presentation will be available at http://www.kvaerner.com and www.newsweb.no.

ENDS

For further information, please contact:

Investor Relations:
Ingrid Aarsnes, VP Investor Relations & Communications, Kvaerner, +Mob: +47 950 38 364, email: ir@kvaerner.com

Media:
Torbjørn Andersen, Head of Communications, Kvaerner, Mob: +47 928 85 542, email: torbjorn.andersen@kvaerner.com

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. Kvaerner 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 2 700 HSSE-focused and experienced employees are recognised for delivering some of the world's most amazing and demanding projects.

In 2016, the Kvaerner group had consolidated annual revenues of close to NOK 8 billion and the company reported an order backlog at 31 December 2016 of NOK 6.5 billion. Kvaerner is publicly listed with the ticker "KVAER" at the Oslo Stock Exchange. For further information, please visit www.kvaerner.com.

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