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NRC Group M&A Activity 2016

Mar 30, 2016

3693_iss_2016-03-30_e348ad5e-3353-4a92-a730-b86be2c4340f.html

M&A Activity

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NRC - Closing of sale of Blom Nordic

NRC - Closing of sale of Blom Nordic

Oslo, 30 March 2016

Reference is made to the announcement made by NRC

Group ASA (the "Company") on 7 March 2016 regarding

the sale of the Company's Geo business in Norway,

Sweden and Finland to Terratec AS.

Closing of the transaction took place today, 30 March

2016 and the shares of the Norwegian company Blom

Geomatics AS and the Finnish company Blom Kartta Oy

have been transferred to Terratec AS. Transfer of the

assets sold from Blom Sweden AB will take place as

soon as necessary formalities are in place, expected

during April 2016.

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 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 to the disclosure

requirements pursuant to section 5-12 of the Norwegian

Securities Trading Act.