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NRC Group Share Issue/Capital Change 2016

Mar 2, 2016

3693_iss_2016-03-02_fdc26c59-7e3d-47ed-8573-6409738c9832.html

Share Issue/Capital Change

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NRC GROUP ASA - APPOINTED TO A MAJOR CONTRACT IN SWEDEN - SEK 115 MILLION

NRC GROUP ASA - APPOINTED TO A MAJOR CONTRACT IN SWEDEN - SEK 115 MILLION

The Swedish Transport Administration (Trafikverket)

has appointed Segermo Entreprenad AB, a company wholly

owned by NRC Group ASA, to a contract relating to the

ongoing railway renewal of the railroad between

Ludvika and Frövi in Sweden.

The contract is for renewal of the approximately 7

kilometer railway connection between Vedevåg and

Lindesberg, being part 2 of the Ludvika - Frövi

renewal, and involves rail services such as

groundwork, track, electro and signal. The contract is

valued at approximately SEK 115 million.

The contract also includes an option for Trafikverket

to include the connection from Lindesberg to Storå,

being part 3 of the Ludvika - Frövi renewal, in the

same contract. This work will relate to renewal of

approximately 10 kilometer railway and will involve

rail services such as groundwork, track, electro and

signal. The option must be exercised by Trafikverket

within 31 October 2016, and will, if exercised, result

in a total contract value of approximately SEK 230

million.

The work will commence in April 2016, and the project

is scheduled for completion in October 2017.

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, 2. March 2016

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