NCC Group

Board/Management Information • Jan 14, 2011

PRESS RELEASE from NCC

January 14, 2011 N0. 1/11

Svante Hagman new President of NCC Housing

Svante Hagman has been appointed President of the NCC Housing business area. He will assume the position on February 1, 2011 and succeed Peter Wågström, who was recently named forthcoming President and CEO of NCC.

Svante Hagman, born in 1961, is a graduate in business administration and has an MBA in international business from Uppsala University. He is currently Head of the Stockholm/Mälardalen Region at NCC Construction Sweden. Svante Hagman has been Regional Manager since 2004, prior to which he was Head of Marketing and Business Development at NCC Construction Sweden. He joined NCC as a trainee in 1987.

"It will be exciting working with one of our growth areas and with international business, which is also based on the well-functioning cooperation between construction and development units," says Svante Hagman.

Stockholm/Mälardalen is the largest region of four at NCC Construction Sweden.

The NCC Housing business area develops and sells permanent housing, from single-family homes to apartments in apartment blocks. Customers include private individuals who want to purchase their own homes, municipal housing companies, private property owners and financial investors. NCC Housing reported sales of slightly less than SEK 9 billion in 2009 and has approximately 1,000 employees. Svante Hagman will be a member of NCC's Group Management and report to the CEO.

Peter Wågström takes over as CEO April 13, when he succeeds Olle Ehrlén, who is retiring.

For more information, please contact:

Svante Hagman, Head of NCC Construction Sweden, Region Stockholm/Mälardalen, +46 (0)8 - 585 520 86.

Annica Gerentz, Senior Vice President, Corporate Communications, NCC AB, +46 (0)8-585 522 04

Magnus Jonsson, External Communications and Media Relations Manager, NCC AB, +46 (0)8 585 522 46, +46 (0)70 817 8711

NCC's press telephone: +46 (0)8-585 519 00, E-mail: press@ncc.se

The information is such that NCC AB is obligated to publish pursuant to the Securities Market Act. The information was submitted for publication on January 14, 2011 at 9 a.m. CET.

All of NCC's press releases are available on www.ncc.se

NCC AB

Postadress 170 80 SOLNA

Besöksadress Vallgatan 3, SOLNA Kontakt Tel: 08-585 510 00 Fax: 08-85 77 75 www.ncc.se

Org.nr (publ) Org.nr 556034-5174 Solna

NCC is one of the leading construction and property development companies in the Nordic region. NCC had sales of SEK 52 billion in 2009, with 18,000 employees.

NCC AB

Postadress 170 80 SOLNA Besöksadress Vallgatan 3, SOLNA Kontakt Tel: 08-585 510 00 Fax: 08-85 77 75 www.ncc.se

Org.nr (publ) Org.nr 556034-5174 Solna