NRC Group — Delisting Announcement 2016

Mar 7, 2016

NRC Group divest the Geo businesses in Norway, Sweden and Finland to Terratec.

NRC Group divest the Geo businesses in Norway, Sweden and Finland to Terratec.

Oslo, 7 March 2015

NRC Group ASA ("NRC Group") has as of 4 March 2016

entered into an agreement to divest its Geo business

in Norway, Sweden and Finland ("Blom Nordic") to

Terratec AS for a purchase price of NOK 30 million

plus a three years earn-out arrangement. The

transaction includes the companies Blom Geomatics AS,

Blom Karta Oy and the majority of the assets in Blom

Sweden AB. The business divested constitutes

approximately 60% of the Geo divisions turnover and is

mainly focused on air-surveying and data processing.

The transaction is subject to customary closing

conditions and closing is expected to take place in

March 2016. For information about the Transaction,

please refer to the attached extended stock exchange

release.

For further information, please contact:

Helge Midttun, Chairman of the Board, mobile: (+47)

913 35 790

--

About NRC Group:

NRC Group is a leading company within the Nordic

infrastructure market. The group operates within two

business segments, Rail and Geo.

RAIL: The Rail division is a fully integrated rail

infrastructure contractor covering the Norwegian and

Swedish market. The Rail division is a full-range

supplier for the construction of all types of rails

including train, tram and subway. Main service

offerings include ground work, specialized track work,

power supply and signaling work. The Rail division has

all the necessary approvals to work within the train,

tram and subway segments.

GEO: The Geo division operates within acquisition,

processing and modelling of geographic information.

The Geo division holds right to several European

databases with collections of maps, images and models.

With particular focus on online services, data and

solutions are provided to customers in government,

enterprise and consumer markets. The Geo division

supplies a wide range of mapping and geographic

services that satisfy various standards and

specifications, in addition to customized client

solutions.

http://www.nrcgroup.no

This information is subject of the disclosure

requirements pursuant to section 5-12 of the Norwegian

Securities Trading Act.