NRC Group ASA - Appointed to a contract in Sweden - SEK 44 million

The Swedish Transport Administration has appointed NRC Sverige AB, a company wholly owned by NRC Group ASA, to a contract relating to the renewal of the signalling system in Varberg municipality.

The contract is valued at SEK 44 million, and will involve rail services such as signal/telecom, electro, track and groundwork. The work will commence in October 2017, and the project is scheduled for completion at the latest in October 2019.

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, 23 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.

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