NEAS ASA (OSL:NEAS) (Lysaker, 5 September 2008): The facility management company NEAS has signed an agreement with Jernbaneverket regarding maintenance of railway stations. The agreement lasts to Christmas and has an initial value of NOK 6.8 million. There is a great potential for additional work in the contract.

The agreement includes upgrading of selected railway stations in the Oslo area and involves among other thing installments of elevators, electrical works, brick and tile works in addition to installments of new platforms. The agreement will be conducted in the subsidiary Nexus.

- We are pleased that Jernbaneverket selected Nexus as their contractor. The agreement includes several specialized fields and is a good illustration of the broad based expertise in Nexus. In addition, the agreement will contribute to high capacity utilization in the subsidiary in the period, says Chief Executive Officer Tor Rønhovde.

For further information please contact: Tor Rønhovde, chief executive, NEAS ASA, telephone: +47 67 40 10 00

Or: www.neas.no

About NEAS ASA NEAS is the leading Norwegian specialist in facility management. With its head office at Lysaker outside Oslo, the company has branches in Bergen, Trondheim, Stavanger, Kristiansand, Sarpsborg, Gjøvik, Tønsberg and Larvik as well as at Luleå in northern Sweden. The NEAS organisation embraces more than 370 employees.

NEAS ASA

http://www.neas.no/

ISIN: NO0010355621

Stock Identifier: XOSL.NEAS

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