Multiconsult ASA – share repurchase programme

3. September 2015

The Annual General Meeting of Multiconsult ASA (“Multiconsult”) held on 16 April 2015 resolved to authorise the board of directors to acquire own shares in the company. Pursuant to the resolution, Multiconsult may purchase own shares with a maximum aggregate nominal value of NOK 1 312 460, equal to 2 624 920 shares. The maximum and the minimum amount which may be paid per share are NOK 250 and NOK 5, respectively. The authorisation is valid until the Annual General Meeting in 2016, however, no longer than to 30 June 2016.

The board of directors of Multiconsult has resolved to initiate a share repurchase programme on the basis of this authority. Shares acquired under the programme will be used in connection with Multiconsult’s employee share purchase programme.

The maximum number of shares which may be acquired under the employee share purchase programme will be 265 000 shares. The sharese will, unless otherwise announced, be acquired during the period 3 September – 5 November 2015.

The maximum number of shares which may be acquired during any one trading day will be equal to 50% of the average daily volume in Multiconsult’s shares on Oslo Børs in August 2015, i.e. up to 28 650 shares per trading day.

Multiconsult has engaged Arctic Securities AS to carry out the share repurchase programme on its behalf.

For further information, please contact:
   Investor relations:
      Mitra Hagen Negård, Head of Investor Relations
      Phone: +47 95 79 36 31

      Gaute Christensen, VP Communications
      Phone: +47 911 70 188

Multiconsult is a leading Norwegian multidisciplinary engineering consulting firm, with more than 1 700 employees and 30 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.

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