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AF Gruppen

Regulatory Filings Apr 27, 2017

3522_iss_2017-04-27_da342520-f2af-43c1-9865-d9e3612c9c68.html

Regulatory Filings

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Yet another school contract for AF Gruppen

Yet another school contract for AF Gruppen

Halden municipality has nominated AF Gruppen (AFG) for a turnkey

contract to build Idd school.

The contract comprises building a new 1st to 7th grade, 3 parallel

classes children's school in solid wood for 588 pupils. The new

school's gross area will be 6,700 m2. The contract also includes

development of the associated outdoor areas. The school will meet

Energy Class A requirements.

This is a turnkey contract worth approximately NOK 173 million

excluding VAT.

The work will start in June 2017, and the school will be ready for

the start of the school year in 2018.

"We are proud and pleased that our building operation in Østfold has

won its third school project in a short period of time. Halden is an

important market, and we're looking forward to build Idd school in

close collaboration with the customer," says Morten Grongstad, CEO

of AF Gruppen.

For further information:

CEO: Morten Grongstad, tel. +47 991 53 905

EVP Building: Henning Olsen, tel. +47 917 41 592.

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