NRC Group ASA - Cancellation of contract

Oslo, 22 July 2017. Reference is made to the stock exchange notice made by NRC Group ASA ("NRC Group" or the "Company") on 27 April 2017 where Trafikverket in Sweden appointed Svensk Järnvägsteknik AB, a company wholly owned by NRC Group, to a contract of changing the signal system on the railway connection between Laxå and Gothenburg in Sweden.

NRC Group has today been informed by Trafikverket that it has cancelled the contract due to procedural error in the tender process and that Trafikverket shortly will re-announce the contract again to the market.

For further information, please contact: Øivind Horpestad, CEO of NRC Group, +47 91 00 06 26.

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