Multiconsult signs a call-off under the Fornebubanen frame agreement

Multiconsult (Oslo: MULTI) has signed an extension of multiple call-offs under
the Fornebubanen frame agreement. The work starts in January 2021 and will last
for a period of 2 - 3 years. The value of the call-off is approximately NOK 250
million for Multiconsult.

Reference is made to the stock market announcement on 1 September 2017, where
Multiconsult announced a frame agreement award with Oslo kommune for
Fornebubanen.

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:
   Pål-Sverre Jørgensen, Group Treasurer & Investor Relations Officer
   Phone: +47 416 11 161
   E-mail: ir@multiconsult.no