Kværner ASA: Invitation to presentation of 2nd qu

29 June 2017 - Kværner ASA will publish its 2 ^nd quarter and half year results 2017 at the Oslo Stock Exchange on Thursday 13 July 2017 at 07:00 CET. A presentation will be available through a conference call and audio cast at 09:00 CET the same morning.

The presentation will be audio casted live, and is available through a dial-in conference call. There will be a Q&A session following the presentation. The replay will be made available on the company's website www.kvaerner.com .

Live audio cast link: http://webtv.hegnar.no/presentation.php?webcastId=58376633

Date: Thursday 13 July 2017 Time: 09:00 CET Language: English

Dial in details: Local - USA +1 719-325-4746    Local - UK +44 (0)330 336 9412    Local - Norway +47 2350 0296    Confirmation code: 580518

The complete 2 ^nd quarter and half year results 2017 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, 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 2 600 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 March 2017 of NOK 10.8 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.