NRC GROUP ASA - APPOINTED TO A CONTRACT IN SWEDEN - SEK 128 MILLION

The Swedish Transport Administration has appointed NRC Sverige AB, a company wholly owned by NRC Group ASA, to a contract relating to the railway renewal on the connection between Kävlinge och Arlöv.

The contract is valued at approximately SEK 128 million, and will involve rail services such as track, electro, signal/telecom and groundwork.

The work will commence in June 2018, and the project is scheduled for completion in October 2020.

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, 22 May 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.

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.

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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