Oslo, 7 December 2015 Reference is made to the stock exchange announcement by NRC Group ASA (the "Company" or "NRC") on 10 November 2015 regarding a completed private placement (the "Private Placement"), and on 2 December 2015 containing the minutes from an extraordinary general meeting which included, amongst other resolutions, the approval of a subsequent repair offering of new shares by the Company (the "Subsequent Offering"). The Financial Supervisory Authority of Norway has approved a prospectus prepared by the Company covering listing of 1,605,000 shares which have been issued in tranche 2 of the Private Placement, 2,480,250 shares which have been issued in connection with the acquisition of Segermo Entreprenad Aktiebolag and the offering and listing of up to 375,000 shares to be issued in connection with the Subsequent Offering, all with a nominal value of NOK 1 per share. The Subsequent Offering comprises an offering of up to 375,000 shares at a subscription price of NOK 40 per share, corresponding to gross proceeds of up to approximately NOK 15 million. The Subsequent Offering will be directed towards the Company's shareholders as of close of trading on the Oslo Stock Exchange on 9 November 2015, as registered in the Norwegian Central Security Depository (VPS) on 11 November 2015 (the "Record Date"), who are not resident in a jurisdiction where such offering would be unlawful, or would (in jurisdictions other than Norway) require any prospectus filing, registration or similar action and who were not allocated shares in the Private Placement (the "Eligible Shareholders"). Eligible Shareholders will be granted non-tradable subscription rights (the "Subscription Rights") providing a preferential right to subscribe for and be allocated shares in the Subsequent Offering. The Company will issue 0.0639 Subscription Rights for each share held in the Company on the Record Date. The number of Subscription Rights allocated to each Eligible Shareholder will be rounded down to the nearest whole Subscription Right. Each Subscription Right grants the owner the right to subscribe for and be allocated one (1) share in the Subsequent Offering. Over-subscription and subscription without Subscription Rights is permitted. The subscription period in the Subsequent Offering will commence on 7 December 2015 and expire on 18 December 2015 at 16:30 CET. Please note that Subscription Rights that are not used to subscribe for shares before the end of the subscription period will lapse without compensation and consequently be of no value. The Subsequent Offering is managed by Arctic Securities AS, Carnegie and DNB Markets. The prospectus together with the subscription form will be available from 7 December 2015 at www.nrcgroup.no, www.arcticsec.no, www.carnegie.no and www.dnb.no/emisjoner, and will also be available free of charge at the business offices of the Company, Arctic Securities, Carnegie and DNB Markets. Norwegian investors with a VPS account can in addition subscribe for shares online at www.arcticsec.no, www.carnegie.no or www.dnb.no/emisjoner. For further information, please contact: Arctic Securities AS Tel: +47 21 01 30 40 Carnegie Tel: +47 22 00 93 60 DNB Markets Tel: +47 23 26 81 01 * * * * * Important information: The release is not for publication or distribution, in whole or in part directly or indirectly, in or into Australia, Canada, Japan or the United States (including its territories and possessions, any state of the United States and the District of Columbia). This release is an announcement issued pursuant to legal information obligations, and is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. It is issued for information purposes only, and does not constitute or form part of any offer or solicitation to purchase or subscribe for securities, in the United States or in any other jurisdiction. The securities mentioned herein have not been, and will not be registered under the United States Act of 1933, as amended (the "Securities Act"). The Securities may not be offered or sold in United States except pursuant to an exemption from the registration requirements of the Securities Act. The Company does not intend to register any portion of the offering of the securities in the United States or to conduct a public offering of the securities in United States. Copies of this announcement are not being made and may not be distributed or sent into Australia, Canada, Japan or the United States. The subscription or purchase of shares in the Company is subject to specific legal or regulatory restrictions in certain jurisdictions. Neither the Company nor the managers assumes any responsibility in the event there is a violation by any person of such restrictions. The distribution of this release may in certain jurisdictions be restricted by law. Persons into whose possession this release comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute violation of the securities laws of any such jurisdiction. The managers are acting for the Company and no one else in connection with the Subsequent Offering and will not be responsible to anyone other than the Company for providing the protections afforded to their respective clients or for providing advice in relation to any other matter referred to in this release. Forward-looking statements: This release and any materials distributed in connection with this release may contain certain forward-looking statements. By their nature, forward- looking statements involve risk and uncertainty because they reflect the Company's current expectations and assumptions as to future events and circumstances that may not prove accurate. A number of material factors could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements.