NCC Group

Share Issue/Capital Change • Dec 30, 2008

PRESS RELEASE from NCC

2008-12-30 No 51/08

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.

During the month of December, shareholders have requested that 518,000 Series A shares be converted to Series B shares. The total number of voting rights in the company subsequently amounts to 526,003,854.

The total number of registered shares in the company amounts to 108,435,822, of which 46,396,448 are Series A shares and 62,039,374 Series B shares.

For further information, please contact: Annica Gerentz, Senior Vice President Corporate Communications, NCC AB, +46 (0)70 398 42 09

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.

NCC AB

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