NCC sells share in Polish concession company AWSA at a gain of SEK 480 million

NCC sells share in Polish concession company AWSA at a gain of SEK 480 million

NCC has sold its interest in the Polish company Autostrada Wielkopolska, AWSA,
which has a concession to construct, own and operate the A2 expressway between
Nowy Tomysl and Konin in Poland. The transaction will generate a pretax gain of
approximately SEK 480 million for NCC and impact earnings and cash flow during
the fourth quarter of 2008.

Since 2000, NCC has been involved in the first privately financed expansion of
part of Poland's A2 expressway, which is planned to link Berlin and Moscow in
the future. Between 2000 and 2004, NCC was involved in constructing the first
stage, in a consortium with the Austrian construction company Strabag. 

AWSA holds a concession that expires in 2037 for the construction, ownership and
operation of the abovementioned part of the A2. After the concession expires,
the expressway will be transferred to the Polish government. As a result of the
sale, NCC will not participate in the future expansion of the expressway. 

- The reason for selling our share in AWSA is that we have focused the Group's
operations and future investments on the Nordic market, says Olle Ehrlén, Chief
Executive Officer of NCC AB.

The purchaser is Meridiam Infrastructure A2 Sarl, a subsidiary of Meridiam
Infrastructure Fund (SCA) SICAR, domiciled in Luxembourg established in 2006 to
invest exclusively in Public Private Partnership projects predominately in
Europe. Apart from the A2 expressway, Meridiam has been active on the
infrastructure market since its inception, securing junior funds positions in
the Vienna Ring Road, the Limerick Tunnel in Ireland and in a series of primary
health care facilities in the UK.

Cash flow in 2008 corresponds to the pretax gain. During 2009, NCC will pay tax
on the gain generated by the sale.

For further information, please contact:
Greeg Nordqvist, Head of M&A, +46 (0)8 585 520 59 
Anders Claeson, Head of NCC Structured Finance, +46 (0) 585 522 50
Ann-Sofie Danielsson, Chief Financial Officer, NCC AB, +46 (0)70 674 07 20
Lovisa Lagerström Lantz, Acting Press Relations Manager, NCC AB, +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.