NRC Group — Director's Dealing 2016

May 25, 2016

Mandatory notification of trade

Mandatory notification of trade

On 25 May 2016, Charlotte Holding AS entered into a

forward contract to purchase 500,000 shares in NRC

Group ASA at a price of NOK 39.71 per share. The term

of the forward contract expires on 21 November 2016.

At the same time, Charlotte Holding AS sold 500,000

shares in NRC Group ASA to the counterparty in the

forward contract, at a price of NOK 39 per share.

Charlotte Holding AS is wholly owned by Øivind

Horpestad, who is the CEO of NRC Group ASA.

Following the sale, Charlotte Holding AS owns

1,928,008 shares in NRC Group ASA, representing

approximately 5.46% of the outstanding shares and

votes in the company. Inclusive of the shares

comprised by the forward contract, Charlotte Holding

AS' number of shares and votes are unchanged.

This notification is made with reference to Sections

4-2 and 4-4 of the Norwegian Securities Trading Act.