Betonmast, a subsidiary of AF Gruppen, has been nominated by Nordre Follo
municipality for the building of Sofiemyr school in Nordre Follo. The value of
the contract is estimated at around NOK 210 million excluding VAT. 

The contract is planned as a collaborative contract in phase 1 with extension of
collaboration to phase 2. There is nevertheless a possibility to proceed to
phase 2 with a turnkey contract. The contract value will be included in the
order backlog when the final contract for execution has been signed.

The project involves building a new elementary school to replace the existing
Sofiemyr school. The school will be designed as an elementary school with 4
parallel classes, with around 650 -785 pupils and approx. 90-100 staff. Sofiemyr
school will be built in accordance with the passive house standard. The project
aims to use used and recycled building products and materials in the school
building and achieve a greenhouse gas reduction of at least 35 per cent in
comparison with a TEK 17 building.

"Betonmast has extensive experience with school buildings and has cooperated
well with Nordre Follo municipality on previous projects. Now we're looking
forward to starting work on a new, interesting school project," says CEO Jørgen
Evensen of Betonmast. 

Start of construction is estimated for the autumn of 2022 with completion in
January 2024.


For further details, please contact:

Jørgen Evensen, CEO of Betonmast, tel.: +47 906 09 310 
Bård Frydenlund, Executive Vice President, Sweden and Betonmast for AF Gruppen,
tel.: +47 918 68 621

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