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2016-01-26

Kværner ASA: Invitation to presentation of 4th quarter and preliminary annual results 2015

26 January 2016 - Kværner ASA will publish its 4th quarter and preliminary
annual results 2015 at the Oslo Stock Exchange on Tuesday 16 February 2016 at
07:00 CET. The results presentation will be held atKvaerner's offices at
Fornebuporten, Oksenøyveien 10
at 09:00 CET the same morning.

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

Date: Tuesday 16 February 2016
Time: 09:00 CET
Location: Fornebuporten, Oksenøyveien 10, 1366 Lysaker
Language: English

To attend the presentation, please register by emailingir@kvaerner.com.

The presentation will be broadcast live
onwww.kvaerner.comandhttp://webtv.hegnar.no/presentation.php?webcastId=29500494at
09:00 CET.

The complete 3rd quarter results 2015 report and presentation will be
available athttp://www.kvaerner.comandwww.newsweb.no.

ENDS

For further information, please contact:

Investor relations:

Ingrid Aarsnes, SVP Investor Relations&Communication, 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. 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 2 900 HSSE-focused
and experienced employees are recognised for delivering some of the world's
most amazing and demanding projects.

In 2014, the Kvaerner group had consolidated annual revenues of approximately
NOK 14 billion and the company reported an order backlog at 30 September 2015
of NOK 16.2 billion. Kvaerner is publicly listed with the ticker "KVAER" at
the Oslo Stock Exchange.

For further information, please visitwww.kvaerner.com.

To subscribe or unsubscribe to our press releases, please see our web
page:http://www.kvaerner.com/en/toolsmenu/Media/Subscribe-to-releases/

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

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Kværner ASA via Globenewswire

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