AF Gruppen (AFG) has entered into a contract with Kultur- og idrettsbygg Oslo KF
to build Tøyenbadet, Oslo's new main swimming facility for sports and the
general public. The contract is valued at NOK 520 million, excluding VAT.

The interaction process will take place from the summer of 2021 until the winter
of 2022. The implementation phase will start up at the end of August 2021 and
continue until the summer of 2024. The project will be carried out as a main
contract. 

"The new Tøyenbadet will give the population of oslo" idsrc="https://www.marketscreener.com/quote/stock/AF-GRUPPEN-ASA-1413069/news/AF-Gruppen-nbsp-To-build-the-new-Toyenbadet-for-the-City-of-Oslo-35630093/xmltag.org">Oslo a lot of joy. The project
has stringent requirements to the environment, choice of materials and
seriousness and will be a pioneer project for the oslo" idsrc="https://www.marketscreener.com/quote/stock/AF-GRUPPEN-ASA-1413069/news/AF-Gruppen-nbsp-To-build-the-new-Toyenbadet-for-the-City-of-Oslo-35630093/xmltag.org">Oslo model. We are looking
forward to cooperating with Kultur- og idrettsbygg and other parties to provide
a good service with modern facilities in the capital," says CEO of AF Gruppen,
Amund Tøftum. 

The contract essentially comprises all structural work, including structural
shell, façades, roof structures and internal work, groundworks and foundations
for the outdoor pool, and significant parts of the landscaping work. The gross
area of the building is approx. 15,800 m2, and will include a large
multi-purpose hall in addition to the swimming facilities. The building will
largely be designed in cast in situ concrete, and have a contiguous glass façade
with a height of around 11 metres around most of the building, and a roof
structure over pool areas in massive wood hollow beams. In addition to the
outdoor pool, the landscaping work includes a large park area. 


For further details, please contact:

CEO: Amund Tøftum, tel. +47 920 26 712 
EVP Building, Energy and Environment: Eirik Wraal, tel. +47 905 73 975

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© Oslo Bors ASA, source Oslo Stock Exchange