NRC Group — Earnings Release 2015

Nov 9, 2015

REPORT FOR THIRD QUARTER 2015 - INVITATION TO PRESENTATION

REPORT FOR THIRD QUARTER 2015 - INVITATION TO PRESENTATION

Highlights third quarter 2015

- Record high order back log of NOK 990 million

(NOK 483 million) at the end of third quarter

- The private placement announced in June of NOK

84 million and the repair issue of NOK 10 million were

successfully completed in August

- Rail activity in Norway is high, in Sweden the

activity is lower than normal

- Geo projects in the Nordics progress well,

some delays in the UK

Key figures*

- Revenue NOK 350 million (NOK 309 million)

- Adjusted EBITDA NOK 42 million (NOK 43 million)

- Adjusted EBITA NOK 35 million (38 million)

- Adjusted EBIT NOK 33 million (NOK 35 million)

- Adjusted EBT NOK 30 million (NOK 32 million)

- Actual reported net profit / loss NOK 18

million (NOK 9 million)

* The key figures above include reported figures for

the third quarter 2015, adjusted for transaction costs

and one-offs.

Comments on third quarter 2015

Entering into the third quarter with record high order

books in both divisions, project execution has been

the focus and operational activity has been high in

all our markets and companies. In addition, the

companies in the group have shown good progress in

developing cooperation and support across divisions

and markets.

The private placement announced in June and that took

place in August have been completed, and these

financial resources are now channelled into further

growing the company and building the business in the

rail construction industry.

Infrastructure remains very high on the political

agenda in our main markets, and the governments now

have the challenge of preparing development plans and

projects at a rate satisfying expectations. The

company is building capacity for taking part in

serving the increased project volumes to come.

The company continues to grow its order book,

surpassing all previous levels, showing that the NRC

Group continues to be a well positioned and

competitive player in the marketplace.

Invitation for presentation of third quarter 2015

report and the acquisition of Segermo

NRC Group will present its third quarter 2015 report

and its acquisition of Segermo Entreprenad Aktiebolag,

as announced earlier today, at 12:30 today 9 November

2015, and invites investors, analysts and media to a

presentation at Hotel Continental.

The financial report and the presentation document

will be made available under the Company's

ticker "NRC" on www.newsweb.no and on the Company's

homepage: www.nrcgroup.no.

About NRC Group ASA

NRC Group ASA 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 specialized track work, power supply

and signalling 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.

For further information, please contact: Kristian

Lundkvist, Chairman of the Board,

mobile: (+47) 99 77 71 77

http://www.nrcgroup.no/

This information is subject of the disclosure

requirements pursuant to section 5-12 of the

Norwegian Securities Trading Act.