AF Gruppen

Regulatory Filings • Jun 30, 2017

AF Gruppen appointed for contract by the Norwegian Defence Estates Agency

AF Gruppen appointed for contract by the Norwegian Defence Estates Agency

AF Gruppen (AFG) has been appointed by the Norwegian Defence Estates

Agency as contractor to execute the Hangars Infrastructure and

outdoor work contract.

Work will be carried out at Ørland air base and consist mainly of

groundwork with infrastructure and establishing ground covers for

hangars.

Work is scheduled to start in September 2017, and completion is

expected in 2020. The contract is a general contract and has an

estimated value of NOK 341 million, excl. VAT.

- The project is a good match for AF Gruppen. We are currently

performing a contract for the Norwegian Defence Estates Agency at

Ørlandet and are very pleased that the Norwegian Defence Estates

Agency chose AF Gruppen for yet another project to develop the

Ørland air base," says Morten Grongstad, CEO of AF Gruppen.

For further information:

EVP Civil Engineering: Arild Moe, tel. +47 91 37 62 65

Executive Vice President/CFO: Sverre Hærem, tel. + 47 952 45 167