Multiconsult

M&A Activity • Jul 7, 2016

Multiconsult ASA wins frame agreement for engineering services to Statnett SF

Multiconsult ASA wins frame agreement for engineering services to Statnett SF

The total value of the frame agreement to Multiconsult ASA is estimated by the

client to be between NOK 75 - 100 million over a two-year period with an option

of additional 1 + 1 years.

Under this frame agreement Multiconsult will provide engineering services to

Statnett SF related to their upgrading of existing substations as well as

upgrading of voltage levels and new substations.

Order intake will be recorded when the specific call-offs under this frame

agreement are signed.

For further information, please contact:

Investor relations:

Mirza Koristovic, Head of Investor Relations

Phone: +47 93 87 05 25

E-mail: ir@multiconsult.no

Media:

Gaute Christensen, VP Communications

Phone: +47 911 70 188

E-mail: gaute.christensen@multiconsult.no

ABOUT MULTICONSULT ASA

Multiconsult is a leading Norwegian multidisciplinary engineering consulting

company, with more than 2 100 employees and 45 offices in Norway and abroad. The

Company focuses on seven market areas: Buildings & Properties, Transport &

Infrastructure, Energy, Oil & Gas, Industry, Environment & Natural resources and

Architecture. The Company has an operating history that spans more than a

century, with the inception of Norsk Vandbygningskontor in 1908. In 2015

Multiconsult completed more than 9 000 projects for approx. 4 000 different

customers.