Multiconsult

Multiconsult ASA signs a significant call-off under the Fornebubanen frame agreement with municipality of Oslo (Oslo kommune)

Reference is made to the stock market announcement on 6 September 2017, where

Multiconsult announced a frame agreement award with Oslo kommune for

Fornebubanen. Multiconsult has signed a call-off for preparation of tender

documents for the construction phase for Fornebubanen. The value of the call-off

is approximately NOK 105 million for Multiconsult. Work under this call-off has

already started and will last until the end of 2019.

The Fornebubanen development will take place as an agency collaboration between

the Oslo kommune and Akershus fylkeskommune (Akershus county municipality). The

agency is responsible for the construction of the Fornebubanen subway line,

which will stretch between Oslo and Fornebu. The subway line development will

also have the capacity to include future traffic growth, help reduce traffic

load in the Oslo area and facilitate urban development along the route.

Furthermore, the development will be an attractive and reliable offer in an

integrated part of the subway network in Oslo, as well as strengthen the already

established collective hubs.

Multiconsult, with 50 % in a joint venture with Cowi, provides engineering

services from pre-design until the completion of infrastructure, as well as any

subsequent work. In addition to the design of the entire subway line with

infrastructure, the contract includes design of workshop - and deposit-base

infrastructure, all subway stations, and the track-connection to Majorstuen hub.

For further information, please contact:

Investor relations:

Mirza Koristovic, Head of Investor Relations

Phone: +47 93 87 05 25

Media:

Gaute Christensen, VP Communications

Phone: +47 911 70 188

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