Asker, Norway - June 20, 2018 

After trading through a difficult market in 2015 and 2016, Aqualis has delivered
positive adjusted EBIT every quarter since the start of 2017. The revenue grew
by 13% in 2017 compared with 2016 and the associated growth in working capital
has been financed through operations. The Company has, over this period, had a
relatively large cash balance, and the Board of Directors proposes that a part
of this shall be distributed to the shareholders to increase capital efficiency
and enhance return on operations. The Board of Directors has decided to
distribute an extraordinary dividend to the shareholders of Aqualis ASA. 

The total distribution to the Company's shareholders is NOK 38,063,915 which
constitutes NOK 0.90 per share. The extraordinary dividend will for accounting
purposes be charged to the share premium/other equity with NOK 38,063,915. The
distribution will for tax purposes be considered a repayment of paid-in capital.

The Board of Directors considers the Company to have sufficient access to
capital, after the proposed distribution of capital, to meet working capital
requirements, to grow the business as the market improves and to complete
potential investments. 

Aqualis' ambition is to pay a cash dividend that is following its long-term
underlying cash flow. When deciding the dividend amount, the Aqualis Board of
Directors will consider the group's financial strength, cash flow, investment
needs and growth opportunities and a level of financial flexibility that is
appropriate for the Aqualis business model. In addition to paying a cash
dividend, Aqualis may buy back its own shares as part of its plan to distribute
capital to shareholders. 


Key information relating to the cash dividend to be paid by Aqualis ASA.
Amount: NOK 0.90 per share 
Declared currency: NOK 
Last day including right: 27 June 2018 
Ex-date: 28 June 2018 
Record date: 29 June 2018 
Payment date: On or about 9 July 2018 
Date of approval: 20 June 2018 


For further information, please contact:

Kim Boman, CFO, Aqualis ASA
Telephone: +47 959 63 912
Email: kim.boman@aqualis.no

About Aqualis ASA
Aqualis ASA (OSE: Aqua) is a public company that, through its subsidiaries and
associates, offers energy consultancy services to the offshore oil, gas and
renewables sectors globally. The group employs experienced consultants across 17
offices in 14 countries worldwide. Aqualis ASA operates under two different
brands: Aqualis Offshore and Offshore Wind Consultants. Aqualis Offshore is a
specialized offshore marine and engineering consultancy firm, focusing on the
shallow and deep-water offshore segments of the oil and gas industry. Offshore
Wind Consultants is a globally focused consultancy providing independent
services to the offshore renewables industry