NCC Group

Business and Financial Review • Oct 27, 2016

Press release

October 27, 2016 No. 50/2016

NCC to construct new Faculty of Arts at University of Gothenburg

NCC has been commissioned by Akademiska Hus to construct the new Faculty of Arts at the University of Gothenburg. The order is worth SEK 484 million.

"The various institutions of the Faculty of Arts are currently divided between several different buildings. The aim of this remodeling and extension project is to house the faculty in one place, thus creating more and improved work spaces to help enhance interaction between students, lecturers and researchers," says Birgitta van Dalen, Regional Director of Akademiska Hus, Western Region.

The preparatory groundwork will begin in October. Remodeling and new construction will commence in November of this year and are scheduled to last for about three years. The project is being conducted in phases, which will allow the faculty to remain in its premises during the construction period.

"In cooperation with Akademiska Hus, we will place strong emphasis on creating energy-efficient premises using sustainable materials to ensure healthy indoor climatic conditions. We will work together to achieve a Gold rating from the Sweden Green Building Council for the newly constructed buildings, while the remodeled premises will have Silver certification," says Henrik Landelius, Head of NCC Building Sweden.

The contract will be carried out in close collaboration with Akademiska Hus. The working method is in line with NCC Partnering, a structured form of collaboration where the developer, consultants and contractors work together to solve a construction assignment. The method is based on an open and trusting partnership, in which all parties share their professional knowledge throughout all phases of the project.

The project was procured in 2013 but was conditional upon the issuance of a land permit. The transaction will be registered during the fourth quarter of 2016 in the NCC Building business area.

For further information, please contact: Magnus Simonsson, Business Manager, NCC Building, +46 706 58 86 78 Birgitta van Dalen, Regional Director, Akademiska Hus, Western Region, +46 702 59 24 53. Anna Trane, Head of Corporate Media Relations, NCC, +46 70 884 74 69

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

This is the type of information that NCC is be obligated to disclose pursuant to the EU Market Abuse Regulation. The information was issued for publication. through the agency of the contact person set out above, on October 27, 2016 at 08:00 a.m. CET.

NCC AB (publ.) SE-170 80 Solna Visiting address Vallgatan 3 SE-170 67 Solna

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

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About NCC. Our vision is to renew our industry and provide superior sustainable solutions. NCC is one of the leading companies in construction, property development and infrastructure in Northern Europe, with sales, excluding Bonava, of SEK 53 billion and 16,000 employees in 2015.