Bouvet

Regulatory Filings • Jun 28, 2016

Statnett has the intention to sign an agreement with Bouvet.

Statnett has the intention to sign an agreement with Bouvet.

Statnett and Svenska Kraftnät have the intention to sign an agreement with Bouvet on

the development and management of the Nordic market system FIFTY (LARM MMS)

The duration of the agreement is up to 6 years with an estimated value between 150 and

300 million NOK.

"This is a large and significant agreement for Bouvet which consolidates our close and

good cooperation with Statnett. We are very proud and humble over the confidence

Statnett has shown us and look forward to starting this exciting project", says regional

director of Bouvet East, Torgeir Nilsen

For further information, please contact:

- Sverre Hurum, chief executive officer, tel: +47 91 35 00 47, e-mail:

sverre.hurum@bouvet.no

- Torgeir Nilsen, regional director, tel: +47 90 52 86 36, e-mail:

torgeir.nilsen@bouvet.no

About Bouvet ASA

Bouvet is a Scandinavian consultancy with 1030 employees, which delivers advisory,

and development services within the field of information technology and digital

communications. Bouvet is listed on the Oslo Stock Exchange.