Multiconsult

Transaction in Own Shares • Dec 2, 2019

Multiconsult initiates share buyback in connection with employee share purchase programme

Multiconsult initiates share buyback in connection with employee share purchase programme

The number of shares acquired on 28. November did not meet the demand from the

employee share purchase programme. Multiconsult has therefore decided to

initiate a share buyback programme for approximately 352 000 shares in the

market in connection with its employee share purchase programme.

The buyback programme will be conducted in accordance with the authorisation

provided by the ordinary general meeting to the board of directors on 25 April

The buyback will be executed through a reverse Dutch auction at a price of

maximum 64.00 NOK per share on Oslo Børs. The programme will be initiated today

and terminated on Wednesday 4 December 2019 at 16:30 CET.

Arctic Securities has been engaged to execute the auction and shareholders

wanting to sell shares can contact Arctic Securities at phone: +47 22 93 72 41 /

+47 47 24 58 38."

The shares purchased under this programme will be used for Multiconsult's

employee share purchase programme as approved by the ordinary general meeting on

25 April 2019.

For further information, please contact:

Investor relations:

Mirza Koristovic, Head of Investor Relations and Finance

Phone: +47 938 70 525

E-mail: ir@multiconsult.no

Media:

Gaute Christensen, VP Communications

Phone: +47 911 70 188

E-mail: gaute.christensen@multiconsult.no

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

-12 of the Norwegian Securities Trading Act.