NRC Group ASA - Appointed to a contract in Norway - NOK 76 million

Bane Nor has appointed NRC Bane AS, a company wholly owned by NRC Group ASA, to a contract for track related work at the Østfold Line between Oslo and Ski in Norway.

The contract is valued at approximately NOK 76 million, and will involve renewal of sleepers, rails and turnouts.

The work will commence in May 2019, and the project is scheduled for completion in August 2020.

For further information, please contact: Øivind Horpestad, CEO of NRC Group, +47 910 00 626.

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

About NRC Group

NRC Group is the largest rail infrastructure entrepreneur in the Nordic region, with strong presence in Norway, Sweden and Finland. The company is a turnkey supplier of all rail related services, in addition to providing services to any transport related infrastructure such as roads, harbours, bridges and tunnels. The services include design, groundwork, trackwork, safety, electro, telecom and signalling systems, and environmental services such as decommissioning and reclamation.

NRC Group has experienced significant growth since its inception in 2011 and is today the leading entrepreneur within rail infrastructure in the Nordics. The company has regional offices throughout Norway, Sweden and Finland and is headquartered at Lysaker, nearby Oslo, In Norway. The group has a revenue of approximately NOK 6 billion and approximately 2,450 employees. NRC Group is listed on the Oslo Stock Exchange under ticker “NRC”. The company’s chief executive officer is Øivind Horpestad.

For further information, visit www.nrcgroup.com.

About Us

About NRC GroupNRC Group is the largest rail infrastructure entrepreneur in the Nordic region. NRC Group has experienced significant growth since its inception in 2011 and has regional offices throughout Norway, Sweden and Finland. The company is headquartered at Lysaker, nearby Oslo, in Norway. NRC Group is listed on the Oslo Stock Exchange under ticker "NRC". The company's chief executive officer is Henning Olsen.

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