To build a multi-storey car park in Gvle

AF Gruppen's subsidiary HMB Construction has been commissioned to build
"Mobilitetshus Magasinet", a multi-storey car park adjacent to the main railway
station in Gävle.

The client is Gävle Parkeringsservice AB. The value of the contract is SEK 102
million excluding VAT, and the project will be delivered on a turnkey basis.

The "Mobilitetshus Magasinet" building will comprise six storeys with a total
area of 14,000 m2, and will accommodate around 400 car parking spaces, charging
points for electric cars, bicycle storage and the ability for e-bikes to
recharge.

The car park will be built with a focus on sustainability and will be
self-sufficient in relation to its electricity needs. As car ownership
decreases, it will be possible to convert the building for other uses.

The project has a high level of ambition in design terms since it is being built
in the town's historical warehouse district in the old port area, known as
"Magasinsområdet". The façade will be clad with wood, while also featuring
elements of brick, glass and metal mesh.

"We are delighted to be given the opportunity to contribute to the development
of these classic industrial settings in the heart of Gävle," says Bård Konrad
Frydenlund, EVP of AF Gruppen Sweden.

HMB is also involved in the development of the new "Godisfabriken" neighbourhood
(named after the old sweet factory in the area) on the eastern side of Gävle's
town centre.


For further information:

BÃ¥rd Konrad Frydenlund, EVP Sweden and Betonmast for AF Gruppen, tel. +47 918 68
621
Andreas Rydbo, CEO AF Gruppen Sweden, tel. +46 31 762 40 03

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© Oslo Bors ASA, source Oslo Stock Exchange