Oslo, 10 November 2015 Reference is made to announcements from NRC Group ASA (the "Company") on 9 and 10 November 2015 regarding a private placement of a total of 4,375,000 new shares and 250,000 existing shares in the Company (the "Private Placement"). The following primary insiders of the Company (or related parties of such) have subscribed for and been allocated shares in the Private Placement: - Datum AS, a company represented on the board of directors of the Company through board member Harald Arnet, has subscribed for and been allocated 1,000,000 shares in the Private Placement. Together with existing holdings, Datum AS will hold 5,100,000 shares in the Company, which will be equal to an aggregate shareholding of approximately 15.89% of the shares and votes in the Company. - Charlotte Holding AS, a company controlled by Head of NRC Rail Division Øivind Horpestad, has subscribed for and been allocated 25,000 shares in the Private Placement. Together with existing holdings, Charlotte Holding AS will hold 1,928,008 shares in the Company, which will be equal to an aggregate shareholding of approximately 6.01% of the shares and votes in the Company. In addition, Charlotte Holding AS has previously entered into a forward contract for the purchase of an additional 500,000 shares in the Company, which upon delivery will increase the ownership to approximately 7.57%. - Sora AS, a company controlled by Managing Director Rail Alfred Beck, has subscribed for and been allocated 25,000 shares in the Private Placement. Together with existing holdings, Sora AS will hold 385,000 shares in the Company, which will be equal to an aggregate shareholding of approximately 1.20% of the shares and votes in the Company. In addition, Sora AS has previously entered into a forward contract for the purchase of an additional 40,000 shares in the Company, which upon delivery will increase the ownership to approximately 1.32%. - Cipriano AS, a company controlled by observer to the board, Einar Greve, has subscribed for and been allocated 125,000 shares in the Private Placement. Together with existing holdings, Cipriano AS will hold 225,000 shares in the Company, which will be equal to an aggregate shareholding of approximately 0.70% of the shares and votes in the Company. All subscriptions in the Private Placement are done at a price of NOK 40 per share. The issuance of new shares in the Private Placement will result in the number of issued shares in the Company increasing to 32,089,233. This will result in the following thresholds for disclosure of shareholdings being crossed: - Urbex Invest AS holds 5,571,828 shares in the Company, which will be equal to an aggregate shareholding of approximately 17.36% of the shares and votes in the Company, i.e. less than the 20% threshold. In addition, Urbex Invest AS has previously entered into a forward contract for the purchase of an additional 850,000 shares in the Company, which upon delivery will increase the ownership to approximately 20.01%. - Sogn Invest AS will after delivery of shares in the Private Placement hold 1,346,046 shares in the Company, which will be equal to an aggregate shareholding of approximately 4.19% of the shares and votes in the Company, i.e. less than the 5% threshold. In addition, Sogn Invest AS has previously entered into a forward contract for the purchase of an additional 300,000 shares in the Company, which upon delivery will increase the ownership to approximately 5.13%. - Joel Skönvall Invest AB will after delivery of shares in the Private Placement hold 1,468,782 shares in the Company, which will be equal to an aggregate shareholding of approximately 4.58% of the shares and votes in the Company, i.e. less than the 5% threshold. - Daniel Nilsson and JSDN Holding AB (related parties) will after delivery of shares in the Private Placement hold an aggregate of 1,459,234 shares in the company, which will be equal to an aggregate shareholding of approximately 4.55% of the shares and votes in the Company, i.e. less than the 5% threshold. - Progema AB holds 1,434,234 shares in the Company, which will be equal to an aggregate shareholding of approximately 4.47% of the shares and votes in the Company, i.e. less than the 5% threshold. This notification is made with reference to Sections 4-2 and 4-4 of the Norwegian Securities Trading Act.