NCC Group

Report Publication Announcement • Oct 31, 2016

Press Release

October 31, 2016 No. 50/2016

Conversion of shares in NCC AB

In accordance with NCC's Articles of Association, owners of Series A shares are entitled to request that their shares be converted to Series B shares. As a result of such conversion, the total number of voting rights in the company is reduced. In connection with conversion, the company is obligated, pursuant to the Swedish Financial Instruments Trading Act (1991:980), to disclose details of the change in this manner.

At the request of a shareholder, 30,762 Series A shares have been converted to Series B shares during October 2016. The total number of voting rights in the company subsequently amounts to 238,862,949.

The total number of registered shares in the company amounts to 108,435,822, of which 14,491,903 are Series A shares and 93,943,919 are Series B shares. NCC holds 362,222 B shares in treasury.

For further information, please contact: Johan Bergman, Head of Investor Relations, NCC, +46 (0)70 354 80 35

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

This information is information that NCC AB is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication at 11 a.m. CET on October 31, 2016.

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

About NCC Our vision is to renew our industry and provide superior sustainable solutions. NCC is one of the leading companies in the Nordics within construction, infrastructure and property development, with sales, excluding Bonava, of SEK 53 billion and 16,000 employees in 2015. The NCC share is listed on NASDAQ Stockholm.

NCC AB (publ.)

Visiting address Vallgatan 3 SE-170 67 Solna

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

Reg.no 556034-5174 Solna, Sweden VAT no SE663000130001

SE-170 80 Solna