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AF Gruppen

Earnings Release Apr 7, 2017

3522_rns_2017-04-07_271b1f5f-12ee-454d-b462-4340327f0e70.html

Earnings Release

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AF to build for OBOS in Fredrikstad

AF to build for OBOS in Fredrikstad

AF Gruppen (AFG) has been selected by OBOS in Fredrikstad as

turnkey contractor to build Vestre Langøyåsen stage 2 at

Kråkerøy in Fredrikstad. The project comprises 48

residential units, some terraced and others in rows. The

overall gross area is approx. 4,700 m2.

Work is scheduled to start in June 2017, and the final

section will be handed over in January 2019.

The contract is valued at NOK 102 million, excluding VAT.

- "We greatly appreciate the confidence OBOS has shown in us

by awarding AF Gruppen this contract. We look forward to

build attractive homes at Kråkerøy in close cooperation with

OBOS," says CEO of AF Gruppen, Morten Grongstad.

For further information:

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

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

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