Reference is made to the stock exchange announcement by NRC Group ASA (the "Company" or "NRC") on 22 June 2015 regarding the completed Private Placement, and on 10 August 2015 regarding the minutes from an extraordinary general meeting which included, among other resolutions, the approval of the subsequent 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 the following: Listing of up to 5,281,481 new shares, out of which 3,111,111 shares have been issued in a private placement, up to 1,800,000 shares to be issued in connection with the acquisitions of Litz Entreprenad AB and Elektrobyggnad Sverige AB and up to 370,370 shares to be issued in connection with the Subsequent Offering (the "Offer Shares"), all with a nominal value of NOK 1 per share. The Subsequent Offering comprises an offering of up to 370,370 offer shares at a subscription price of NOK 27, corresponding to gross proceeds of up to approximately NOK 10 million. The Subsequent Offering will be directed towards the Company's shareholders as of close of the Oslo Stock Exchange on 19 June 2015, as registered in the Norwegian Central Security Depository (VPS) on 23 June 2015 (the "Record Date"), who were not invited to participate in the Private Placement and 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 invited to participate in the Private Placement. Each Eligible Shareholder will be granted non- tradable subscription rights providing a preferential right to subscribe for and be allocated Offer shares in the Subsequent Offering. The Company will issue 0.0188 Subscription Rights per 1 (one) Share held in the Company on the Record Date. The number of subscription rights 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) Offer Share in the Subsequent Offering. Over-subscription and subscription without Subscription Rights is permitted; however, there can be no assurance that Offer Shares will be allocated for such subscriptions as allocations for over-subscriptions (if any) will be made at the discretion of the Board of Directors. If allocations for over-subscriptions are done, ordinary pro rata principles will apply. The Subscription Period for the Subsequent Offering is from and including 11 August 2015 to 18 August 2015 at 16:30 hours (CET). Please note that subscription rights that are not used to subscribe for Offer Shares before the end of the Subscription Period will lapse without compensation and consequently be of no value. The Subsequent Offering is managed by Carnegie AS and DNB Markets. The Prospectus together with the Subscription Form will be available from 11 August 2015 at www.nrcgroup.no, www.carnegie.no and www.dnb.no/emisjoner, and will also be available free of charge at the business offices of the Company, Carnegie and DNB Markets. Norwegian investors with a VPS account can in addition subscribe for Offer Shares online at www.carnegie.no or www.dnb.no/emisjoner. This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act. For further information, please contact: Carnegie AS 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.