The City of Oslo has selected Multiconsult to carry out competitive basis for
the construction of a new main grid connected to the new water supply to the
city of Oslo. The contract includes detailed design and preparation of
competition basis with working drawings and includes an option for follow-up in
the construction phase.

The contract value to Multiconsult estimated to NOK 50 million plus an option
for the construction phase. Works will begin immediately, and majority of the
works to be completed in the beginning of 2021. The work for the option, the
construction phase, to follow immediately after the awarded contract.

"We are proud to win another contract for the new main water supply project to
Oslo. This is a confirmation that our expertise is valued, and that Oslo
Municipality is satisfied with our previous deliveries in the project. We will
continue to deliver with high quality and ensure good solutions for our client
and ensure a new safe and good water supply for Oslo's residents", says Sigmund
Tøien VP Corporate projects at Multiconsult.

The nomination of the contract to Multiconsult is subject to standstill period
(karenstid) which expires on 27 July 2020.


For further information, please contact:

  Investor Relations:
    Pål-Sverre Jørgensen, Group Treasurer & Investor Relations Officer
    Phone: +47 416 111 61
    E-mail: ir@multiconsult.no

  Media:
    Gaute Christensen, VP Communications
    Phone: +47 911 70 188
    E-mail: gaute.christensen@multiconsult.no



ABOUT MULTICONSULT

Multiconsult is a leading Norwegian multidisciplinary engineering and
architectural consulting company, with more than 3 000 employees and 39 offices
in Norway and abroad. The Company focuses on seven business areas: Buildings &
Properties, Transportation, Renewable Energy, Oil & Gas, Industry, Water &
Environment and City & Societies. The Company has an operating history that
spans more than a century, with the inception of Norsk Vandbygningskontor in
1908.