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Regulatoriskt pressmeddelande

AFG: Building more European road in Innlandet

AF Gruppen
Reference is made to the stock exchange announcement published on January 31,
2020, when Nye Veier selected AF Gruppen for the conceptualization phase of
regulation, design, and construction of the new E6 Roterud-Storhove. Nye Veier
has now decided that AF Gruppen will carry out the detailed design and
construction of this project, subject to the completion of the intention
announcement according to public procurement regulations.

The project entails a 23 km new four-lane highway from Roterud in Gjøvik to
Storhove near Lillehammer. AF Gruppen, along with its consultant Norconsult, has
been closely collaborating with Nye Veier since early 2020 in developing and
regulating this road. The project has placed a strong focus on how environmental
considerations can be combined with the realization of a safe road, especially
when crossing the Lågen delta.

"It's rare for us as a general contractor to have the opportunity to influence a
road project in its early stages, and it's a patient team that now looks forward
to starting the construction phase. We have collaborated well with Nye Veier on
several projects and look forward to continued cooperation in Innlandet. The
project is important for many local and regional stakeholders and will provide
great benefit and value for future users of this vital transport route," says
Amund Tøftum, CEO of AF Gruppen.

The agreement for this project has a value of NOK 6,350 million excluding VAT. A
fixed-price agreement for the execution phase is planned to be signed before
March 1, 2025. A relatively quick construction start is planned, with completion
in the summer of 2030.


For further information:
Geir Flåta, EVP Civil Engineering, tel. +47 99 40 15 10
Amund Tøftum, CEO, tel. + 47 92 02 67 12
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