NRC Group — M&A Activity 2019

Jan 21, 2019

NRC Group ASA - Appointed to a contract in Sweden - SEK 221 million

NRC Group ASA - Appointed to a contract in Sweden - SEK 221 million

The Swedish Transport Administration has appointed NRC Sverige AB, a company

wholly owned by NRC Group ASA, to a contract for track related work on the

connection between Åstorp and Teckomatorp (Söderåsbanan) in Sweden.

The contract is valued at approximately SEK 221 million, and will involve

rail services such as track, electro, signal/telecom and groundwork.

The work will commence in February 2019, and the project is scheduled

for completion in October 2021.

Closing date for submission of complaints is 10 days from today, and formal

contractual signing can take place after this period at the earliest.

Oslo, 21 January 2019

For further information, please contact: Øivind Horpestad, CEO of NRC Group,

+47 910 00 626.

This information is subject to the disclosure requirements pursuant to section 5

-12 of the Norwegian Securities Trading Act.

About NRC Group

NRC Group is the largest rail infrastructure entrepreneur in the Nordic region,

with strong presence in Norway, Sweden and Finland. The company is a turnkey

supplier of all rail related services, in addition to providing services to any

transport related infrastructure such as roads, harbours, bridges and tunnels.

The services include design, groundwork, trackwork, safety, electro, telecom and

signalling systems, and environmental services such as decommissioning and

reclamation.

NRC Group has experienced significant growth since its inception in 2011 and is

today the leading entrepreneur within rail infrastructure in the Nordics. The

company has regional offices throughout Norway, Sweden and Finland and is

headquartered at Lysaker, nearby Oslo, In Norway. The group has a revenue of

approximately NOK 6 billion and approximately 2,450 employees. NRC Group is

listed on the Oslo Stock Exchange under ticker "NRC". The company's chief

executive officer is Øivind Horpestad.

For further information, visit www.nrcgroup.com.