Multiconsult

Share Issue/Capital Change • Sep 25, 2017

Completion of Share Capital Increase

Completion of Share Capital Increase

Oslo, 25 September 2017 - Reference is made to the stock exchange notices by

Multiconsult ASA earlier today and on 30 August 2017 concerning the acquisition

of the Hjellnes Group and the issuance of 721,194 new shares as part of the

transaction settlement, each with a nominal value of NOK 0.50.

Multiconsult ASA has today completed the acquisition of Hjellnes Consult AS and

Johs Holt AS.

The  share capital  increase resolved  by the  Board of  Directors on  30

August  2017, has  now  been registered in the Norwegian  Register of Business

Enterprises, and the  capital increase has thus been completed.

After the issuance of the new shares the share capital of Multiconsult ASA is

NOK 13 485 197 divided into 26 970 394 shares, each with a nominal value of NOK

0.50.

The resolution was passed pursuant to the authority granted at the annual

general meeting of Multiconsult ASA on 11 May 2017.

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

Multiconsult is a leading Norwegian multidisciplinary engineering consulting

company, with more than 2 500 employees and 45 offices in Norway and abroad. The

Company focuses on six business areas: Buildings & Properties, Transport,

Renewable Energy, Oil & Gas, Industry and Water & Environment. The Company has

an operating history that spans more than a century, with the inception of Norsk

Vandbygningskontor in 1908.

This information is subject to the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.