Multiconsult expands in Sweden through acquisition of VA-Resurs

Multiconsult (Oslo: MULTI) has strengthened its position in the Swedish market
with the acquisition of VA-Resurs AB by its Swedish subsidiary, Iterio AB. This
strategic move enhances Iterio's capabilities, allowing the company to pursue
ambitious goals and gain additional market share in Sweden.

VA-Resurs is a consultancy company that provides services in project and
construction management has extensive experience in designing, coordinating,
investigating, and managing projects within water, stormwater, and wastewater.
VA-Resurs has built a strong position as a sought-after partner with market
-leading expertise in this field and has recently won a significant contract
with SVOA (Stockholm Vatten och Avfall) in Sweden. VA-Resurs currently consists
of 11 skilled professionals based in Stockholm.

The intention is to integrate VA-Resurs into Iterio with VA-Resurs's employees
co-locating with Iterio's team in Stockholm.

For further information, please contact:
Investor relations:
   Ove B Haupberg, CFO & EVP
   Phone: +47 401 00 900
   E-mail: ovbh@multiconsult.no
Media:
   Gaute Christensen, VP Communications
   Phone: +47 911 70 188
   E-mail: gaute.christensen@multiconsult.no