NCC Group

Regulatory Filings • Aug 27, 2010

PRESS RELEASE from NCC

2010-08-27 No 38/10

NCC launches construction of Triangeln in Malmö

On Monday, August 30, construction of the NCC project Triangeln, located in the Kaninen block in central Malmö, will commence. The project comprises shopping mall, office and housing premises and is scheduled for completion in 2014. The project has a construction contract value in the billion Swedish krona region and will be operated on a proprietary basis. Half of the cost will registered among orders in the third quarter of 2010.

The project will be implemented in several phases, with the garage and retail spaces representing the first phase, with Easter 2013 as the estimated moving in period. The new retail area will be integrated into the current Triangeln shopping center.

A total of four properties comprising housing and offices will be built above the retail facilities. Occupancy of the properties will occur between 2013 and 2014.

The offices, as well as stores and housing, will be characterized by low energy consumption and will be climate declared and environmentally classed, according to BREEAM (Very Good level), GreenBuilding, GreenLight and Miljöbyggprogram Syd (Environmental Construction Program, South).

The Triangeln area is centrally located and has excellent communications thanks to the City Tunnel's new south station, where it is estimated that about 40,000 people will arrive every day. In addition, construction of a major bus junction is planned at Triangeln and a total of 100,000 people are estimated to move around the area on a daily basis.

For further information, please contact:

Mikael Graffman, Head of NCC Property Development in Sweden, +46 (0)8-585 530 32 Ulrika Lindmark, Project Manager for Triangeln, +46 (0)40-31 74 22 Magnus Jonsson, Press Relations Manager, NCC Group, +46 (0)8 585 522 46, +46 (0)70 817 8711

NCC's media line: +46 (0)8 585 519 00

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

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

NCC AB

Postal address SE-170 80 SOLNA Visiting address Vallgatan 3, SOLNA

Contact Tel: +46 8 585 510 00 Fax: +46 8 85 77 75 www.ncc.se

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