NRC Group ASA - Appointed to a contract in Sweden - SEK 41 million

Stora Enso Timber AB has appointed Segermo Entreprenad AB, a company wholly owned by NRC Group ASA, to a contract for ground related work in Grums municipality.

The contract is valued at SEK 41 million. The work will commence in October 2017, and the project is scheduled for completion at the latest in December 2018.

Oslo, 25 October 2017.

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 ASA:

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.