NRC Group — Share Issue/Capital Change 2015

Dec 18, 2015

Last day of subscription period in subsequent offering

Last day of subscription period in subsequent offering

Oslo, 18 December 2015

Reference is made to the stock exchange announcement

by NRC Group ASA (the "Company") on 7 December 2015

regarding commencement of the Company's subsequent

offering of up to 375,000 new shares (the "Subsequent

Offering").

The subscription period for the Subsequent Offering

will end today, 18 December 2015, at 16:30 CET. Please

note that subscription rights that are not used to

subscribe for shares before the end of the

subscription period will lapse without compensation

and consequently be of no value.

The Subsequent Offering is managed by Arctic

Securities, Carnegie and DNB Markets.

The prospectus together with the subscription form is

available at www.nrcgroup.no, www.arcticsec.no,

www.carnegie.no and www.dnb.no/emisjoner, and is also

available free of charge at the business offices of

the Company, Arctic Securities, Carnegie and DNB

Markets. Norwegian investors with a VPS account can

in addition subscribe for shares online at

www.arcticsec.no, www.carnegie.no or

www.dnb.no/emisjoner.

For further information, please contact:

Arctic Securities

Tel: +47 21 01 30 40

Carnegie

Tel: +47 22 00 93 60

DNB Markets

Tel: +47 23 26 81 01

* * * * *

Important information:

The release is not for publication or distribution, in

whole or in part directly or indirectly, in or into

Australia, Canada, Japan or the United States

(including its territories and possessions, any state

of the United States and the District of Columbia).

This release is an announcement issued pursuant to

legal information obligations, and is subject of the

disclosure requirements pursuant to section 5-12 of

the Norwegian Securities Trading Act. It is issued for

information purposes only, and does not constitute or

form part of any offer or solicitation to purchase or

subscribe for securities, in the United States or in

any other jurisdiction. The securities mentioned

herein have not been, and will not be registered under

the United States Act of 1933, as amended

(the "Securities Act"). The Securities may not be

offered or sold in United States except pursuant to an

exemption from the registration requirements of the

Securities Act. The Company does not intend to

register any portion of the offering of the securities

in the United States or to conduct a public offering

of the securities in United States. Copies of this

announcement are not being made and may not be

distributed or sent into Australia, Canada, Japan or

the United States. The subscription or purchase of

shares in the Company is subject to specific legal or

regulatory restrictions in certain jurisdictions.

Neither the Company nor the managers assumes any

responsibility in the event there is a violation by

any person of such restrictions.

The distribution of this release may in certain

jurisdictions be restricted by law. Persons into whose

possession this release comes should inform themselves

about and observe any such restrictions. Any failure

to comply with these restrictions may constitute

violation of the securities laws of any such

jurisdiction. The managers are acting for the Company

and no one else in connection with the Subsequent

Offering and will not be responsible to anyone other

than the Company for providing the protections

afforded to their respective clients or for providing

advice in relation to any other matter referred to in

this release.

Forward-looking statements:

This release and any materials distributed in

connection with this release may contain certain

forward-looking statements. By their nature, forward-

looking statements involve risk and uncertainty

because they reflect the Company's current

expectations and assumptions as to future events and

circumstances that may not prove accurate. A number

of material factors could cause actual results and

developments to differ materially from those expressed

or implied by these forward-looking statements.