Extension of existing contract with Jernbaneverket

Oslo, 18 December 2015 - Multiconsult ASA, as partner in the 50/50 joint venture with Cowi, has extended the existing contract with Jernbaneverket for work related to planning of parcels on the Intercity Haug – Halden project in Norway.

23. December 2015

The extension of the contract comes after an early feasibility study phase.

The majority of the work will be performed over the next two years, and the additional contract value to Multiconsult ASA amounts to NOK 50 million.

The Intercity Haug – Halden project is part of the Intercity railway development, which aims to connect the cities in the eastern part of Norway.

For more information, please contact:

   Investor relations:
      Mirza Koristovic, Head of Investor Relations
      Phone: +47 93 87 05 25
      E-mail: ir@multiconsult.no

      Gaute Christensen, VP Communications
      Phone: +47 911 70 188
      E-mail: gaute.christensen@multiconsult.no

Multiconsult is a leading Norwegian multidisciplinary engineering consulting firm, with more than 2 000 employees and 45 offices in Norway and abroad. Multiconsult’s home market is Norway, representing 92 per cent of 2014 operating revenues. The Company focuses on six market areas: Buildings and Properties, Transport and Infrastructure, Energy, Oil and Gas, Industry and Environment and Natural resources. The Company has an operating history that spans more than a century, with the inception of Norsk Vandbygningskontor in 1908. In 2014 Multiconsult completed more than 8 000 projects for approx. 3 700 different customers.