Mar 26, 2018

NRC GROUP ASA - APPOINTED TO A CONTRACT IN NORWAY - NOK 57 million

Bane Nor has appointed Fibertech AS, a company wholly owned by NRC Group ASA, to a contract for cable installation on the railway connection between Hønefoss and Gol, and Gol and Finse.

The contract also includes an option for Bane Nor to include the railway connection between Finse and Voss, in the same contract. The contract is valued at approximately NOK 57 million. The work will commence in May 2018, and the project is scheduled for completion in autumn 2019.

Closing date for submission of complaints is 10 days, and formal contractual signing can take place after this period at the earliest.

Oslo, 26 March 2018

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.

NRC Group is a leading contractor within railway infrastructure in Norway and Sweden. The company is a supplier of all track-related infrastructure services, including groundworks, specialized track work, safety, electro, telecom- and signalling systems. The company works within rail, metro, tram segments and close related infrastructure. NRC Group has experienced significant growth since its inception in 2011 and has a vision of becoming the leading Nordic entrepreneur within railway infrastructure.

For more information: www.nrcgroup.com

Contact us

Henning Olsen

Henning Olsen

CEO

+47 91 74 15 92

henning.olsen[at]nrcgroup.com

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