Oslo, 20 December 2023 - Reference is made to the stock exchange announcement
published by Endúr ASA (the "Company") on 14 December 2023 regarding the
extraordinary general meeting held and the resolution made by the general
meeting to issue 4,174,202 new shares (the "Consideration Shares") to Repstad
Gruppen AS as partial consideration for the shares in Repstad Anlegg AS.

The share capital increase pertaining to the Consideration Shares has now been
registered with the Norwegian Register of Business Enterprises. Following such
registration, the Company's new share capital is NOK 18,384,513.50, divided into
36,769,027 shares, each with a nominal value of NOK 0.50.

The Company will prepare a prospectus for the purpose of listing the
Consideration Shares on Oslo Børs. The prospectus is subject to approval by the
Financial Supervisory Authority of Norway, which is expected to find place
during the first quarter of 2024. The Consideration Shares will be listed on
Oslo Børs following the publication of the prospectus and will in the meantime
be issued on a separate ISIN number.

About Endúr ASA
Endúr ASA (OSE: ENDÚR) is a leading supplier of construction and maintenance
projects and services for marine infrastructure, including facilities for
land-based aquaculture, quays, harbours, dams, bridges and other specialized
concrete and steel projects. The company and its subsidiaries also offer a wide
range of other specialized project and marine services. Endúr ASA is
headquartered in Lysaker, Norway. See www.endúr.no.