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October 23, 2014

For further information, please contact:

Investors and financial media

Stuart Jackson, CFO, ABL Group ASA
Telephone: +971 4 3793612

Other media enquiries

Endre Johansen, Corporate Communications AS
Telephone: +47 41 61 06 05
Email: endre.johansen@corpcom.no

About ABL Group ASA

ABL Group (OSE: ABL Group ASA – ticker code “ABL”) is a leading independent global consultancy delivering energy, marine, engineering and digital solutions to drive safety and sustainability in renewables, maritime and oil & gas sectors. The group has offices in 39 countries worldwide and operates under four brands: ABL, OWC, Longitude and AGR.

Aqualis ASA : Disclosure of large shareholdings

Oslo, 23 October 2014

22 October 2014 Aqualis ASA purchased the controlling A share in Aqualis Holdco Ltd. Aqualis Holdco Ltd owns 2’187’500 shares in Aqualis ASA representing 5.06% of the outstanding shares in the Company.

After the transaction Aqualis ASA indirectly controls 2’187’500 shares in Aqualis ASA, representing 5.06% of the shares in Aqualis ASA.

Information regarding Aqualis Holdco Ltd:

Aqualis Holdco Ltd has 1’000’000 shares, of which 1 controlling A share and 999’999 non-controlling B shares. The B shares are owned by 48 Aqualis Group employees and Strata Marine & Offshore AS. Strata Marine & Offshore AS will in due course sell its shareholdings in Aqualis Holdco Ltd to Aqualis Group employees. Each A and B share has the same economic ownership in Aqualis Holdco Ltd, hence the sole A share represents a not material economic ownership in Aqualis Holdco Ltd, and hence a not material indirect economic ownership in Aqualis ASA.

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For further information, please contact:

Investors:
Christian Opsahl
CFO
Tel: +47 901 101 53
Email: christian.opsahl@aqualisbraemar.com