NCC Group

Regulatory Filings • Nov 8, 2011

Press Release

November 8, 2011 No. 42/11

NCC to construct road and tunnel in Norway for SEK 440 million

NCC Construction Norway has been commissioned to build a road tunnel stretching approximately 2.5 kilometers in the Hordaland region, located southeast of Bergen in Norway. The assignment also includes the construction of 3.6 kilometers of road, a footpath and bicycle path, bridges and water, sewer, electricity and phone systems. The order is valued at approximately SEK 440 million and will be registered in the fourth quarter of 2011.

The main feature of the project is the Vang Tunnel, an important component of the expansion of the E16 highway between Oslo and Bergen.

"Traffic from Oslo to Bergen will be routed past central Voss. In total, about 4,000 vehicles will pass through the tunnel on daily basis," says Knut Liavaag, District Manager at NCC Construction Norway.

The project is part of an ongoing effort to improve the road system between Oslo and Bergen. NCC Construction Norway has already participated in the first stage of this work with the project to build the Dalsfjord Link.

Construction will commence in November 2011 and is scheduled for completion in December 2013.

Press release concerning the first stage of the project

For further information, please contact:

Knut Liavaag, District Manager, NCC Construction Norway, Tel: +47 905 48 705 Terje Stachnik Hansen, Media Relations Manager, NCC Construction Norway, Tel: +47 992 16 785 Magnus Jonsson, External Communication and Media Relations Manager, NCC AB, Tel: +46 8 585 522 46

NCC's media line: +46 8 585 519 00, E-mail: press@ncc.se

This is the type of information that NCC could be obligated to disclose pursuant to the Securities Market Act. The information was issued for publication on November 8, 2011, at 1:00 p.m.

All NCC's press releases are available at www.ncc.se/press.

NCC is one of the leading construction and property development companies in the Nordic region. In 2010, NCC had sales of SEK 49 billion, with 17,000 employees. NCC Construction Norway builds residences, offices, roads, civil engineering and other infrastructure in Norway.