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NRC Group M&A Activity 2010

Aug 24, 2010

3693_rns_2010-08-24_d116ace7-1f0d-498f-8bfa-b8e3c2ba9122.html

M&A Activity

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Divestment of Technology Rights

Blom has entered into a Sales Purchase Agreement with

the Portuguese provider of navigation systems and

mobility solutions, NDrive. Under this agreement

Blom divests certain Technology Rights related to

navigation for mobile devices.

The estimated revenue impact for Blom in 2010 is

expected to be approximately NOK 25 million.

This transaction strengthens the strategic

partnership between Blom and NDrive and will enable

NDrive to capture further market share for navigation

solutions.

For further information please contact:

CEO Dirk Blaauw, tel. (+47) 22 13 19 20 or

CFO Lars Bakklund, tel. (+47) 22 13 19 34.

About BLOM

Blom is a leading European service provider within

acquisition, processing and modelling of geographic

information. Blom maintains unique European databases

with collections of map, images and models. With

particular focus on online services, Blom provides

data and solutions to customers in government,

enterprise and consumer markets and enables partners

to create applications using Blom's databases,

location based services and navigation solution. Blom

has more than 1,150 employees and subsidiaries in 13

countries. The company headquarter is located in

Oslo, Norway. Blom is listed on the Oslo Stock

Exchange (ticker BLO). For more information, visit

www.blomasa.com

About NDrive

NDrive is a European innovator in the development and

supply of onboard navigation systems and mobility

solutions for Windows Mobile, Symbian, iPhone,

Android and bada platforms.