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NRC GROUP ASA - EXERCISE OF CONTRACT OPTION

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Jernbaneverket has decided to exercise the option on the frame agreement "Oslokorridoren" with NRC Rail AS, a company wholly owned by NRC Group ASA.
 
The option includes ground and track related work which will commence in February 2017, and the project is scheduled for completion in February 2018.
 
The estimated total value of the frame agreement is between NOK 30-40 million.
 
Oslo, 9. December 2016
 
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

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