Completion of Share Capital Increase

Oslo, 25 September 2017 - Reference is made to the stock exchange notices by Multiconsult ASA earlier today and on 30 August 2017 concerning the acquisition of the Hjellnes Group and the issuance of 721,194 new shares as part of the transaction settlement, each with a nominal value of NOK 0.50.

Multiconsult ASA has today completed the acquisition of Hjellnes Consult AS and Johs Holt AS.

The  share capital  increase resolved  by the  Board of  Directors on  30 August  2017, has  now  been registered in the Norwegian  Register of Business  Enterprises, and the  capital increase has thus been completed.

After the issuance of the new shares the share capital of Multiconsult ASA is NOK 13 485 197 divided into 26 970 394 shares, each with a nominal value of NOK 0.50.

The resolution was passed pursuant to the authority granted at the annual general meeting of Multiconsult ASA on 11 May 2017.

For further information, please contact:

Investor relations:
      Mirza Koristovic, Head of Investor Relations
       Phone: +47 93 87 05 25
      E-mail: ir@multiconsult.no

Media:
      Gaute Christensen, VP Communications
      Phone: +47 911 70 188
      E-mail: gaute.christensen@multiconsult.no

ABOUT MULTICONSULT
Multiconsult is a leading Norwegian multidisciplinary engineering consulting company, with more than 2 500 employees and 45 offices in Norway and abroad. The Company focuses on six business areas: Buildings & Properties, Transport, Renewable Energy, Oil & Gas, Industry and Water & Environment. The Company has an operating history that spans more than a century, with the inception of Norsk Vandbygningskontor in 1908.

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.

About Us

Multiconsult is one of the leading firms of consulting engineers and designers in Norway. The company delivers multidisciplinary consulting and design, project engineering and management, verification, inspection and supervision – to customers in Norway and abroad, focusing on the following sectors: buildings & properties, industry, oil & gas, transportation & infrastructure, energy, environment & natural resources. Visit www.multiconsultgroup.com for more information.

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