RNS Number:1737U
Kvaerner PLC
15 November 2000


Doc Re Notice to shareholders re the Repayment of Stocks - 7% Unsecured
Debenture Stock, 9 1/2% Unsecured Loan Stock 2000/05, 10 1/4% Unsecured Loan
Stock 2001/06 (the "Stocks") repayment

A copy of the above document has been submitted to the UK Listing Authority,
and will shortly be available for inspection at the UK Listing Authority's
Document Viewing Facility, which is situated at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS

Tel. no. (0)20 7676 1000

(Documents will usually be available for inspection within six normal business
hours of this notice being given).


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