NCC Group

Regulatory Filings • Dec 4, 2008

2008-12-04 No 44/08

NCC receives order from LKAB totaling SEK 1,200 million

NCC Construction Sweden has been commissioned by LKAB to conduct mining and raise drilling operations at the new main level in Kiruna. The order value is estimated at approximately SEK 1,200 million.

The assignment pertains to mining at the "central plant," which forms the heart of the new main level, the KUJ 1365. The number 1365 represents the number of meters below ground measured from the old mountain peak.

The order covers approximately 21 kilometers of drift mining, skip shafts, loading chutes, crushing chutes and pumping stations, as well as raise drilling of approximately 25,000 meters of shafts.

– It's very gratifying to be continuing our long-term cooperation with LKAB, says Thomas Stenvall of the Heavy Industries Department at NCC.

The work will commence immediately and is scheduled for completion in 2011, except for the raise drilling operations, which are expected to be completed in 2013. The project will employ a total of about 100 people.

The order will be registered in the fourth quarter of 2008.

For further information, please contact: Lovisa Lagerström Lantz, Acting Press Relations Manager, NCC Group, +46 (0)8 585 523 46, +46 (0)70 592 45 46

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 2007 sales of fully SEK 58 billion, with 21,000 employees.