NCC Group

Regulatory Filings • Dec 16, 2009

PRESS RELEASE from NCC

2009-12-16 No 43/09

NCC to build school in Oslo for SEK 194 million

NCC Construction Norway has secured an assignment to build a school in Oslo with capacity for 600 pupils. The contract is with Undervisningsbygg Oslo KF and the assignment is worth about SEK 194 million.

The new school will be located in a former industrial and commercial area in the Hasle district of Oslo. The assignment comprises a junior high school with associated outdoor facilities, a café, a library and an underground multi-use hall.

The school will comprise an annex to and renovations of existing buildings, including the preservation and refurbishment of an existing industrial hall with a 17-meter high ceiling. The school will comprise a total of 6,500 square meters of floor space and an additional 2,000 square meters for the multi-use hall.

Construction will commence in January 2010 and will proceed until summer 2011. The order will be registered in the fourth quarter of 2009.

For further information, please contact: Ulf Thorné, Press Relations Manager, NCC Group, +46 (0)8 585 523 46, +46 (0)70 214 77 27

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. NCC had in 2008 sales of fully SEK 57 billion, with 20,000 employees. NCC Construction Norway constructs residential and office properties, roads, civil-engineering structures and other infrastructure in Norway.

NCC AB

Postal address SE-170 80 SOLNA Contact Tel: +46 8 585 510 00 Fax: +46 8 85 77 75 www.ncc.se