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11/02-2019 12:18:06: (MULTI) Multiconsult ASA signs a significant call-off under the Fornebubanen frame agreement with municipality of Oslo (Oslo kommune)

Reference is made to the stock market announcement on 6 September 2017, where
Multiconsult announced a frame agreement award with Oslo kommune for
Fornebubanen. Multiconsult has signed a call-off for preparation of tender
documents for the construction phase for Fornebubanen. The value of the call-off
is approximately NOK 105 million for Multiconsult. Work under this call-off has
already started and will last until the end of 2019.
The Fornebubanen development will take place as an agency collaboration between
the Oslo kommune and Akershus fylkeskommune (Akershus county municipality). The
agency is responsible for the construction of the Fornebubanen subway line,
which will stretch between Oslo and Fornebu. The subway line development will
also have the capacity to include future traffic growth, help reduce traffic
load in the Oslo area and facilitate urban development along the route.
Furthermore, the development will be an attractive and reliable offer in an
integrated part of the subway network in Oslo, as well as strengthen the already
established collective hubs.

Multiconsult, with 50 % in a joint venture with Cowi, provides engineering
services from pre-design until the completion of infrastructure, as well as any
subsequent work. In addition to the design of the entire subway line with
infrastructure, the contract includes design of workshop - and deposit-base
infrastructure, all subway stations, and the track-connection to Majorstuen hub.

For further information, please contact:

Investor relations:
    Mirza Koristovic, Head of Investor Relations
    Phone: +47 93 87 05 25

   Gaute Christensen, VP Communications
   Phone: +47 911 70 188
   E-mail: gaute.christensen@m

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