NCC's President and CEO comments on the start of the year

NCC's President and CEO comments on the start of the year

Conditions in the Nordic construction market remained weak during the first
quarter of 2009. Orders received declined preliminary 39 percent compared with
the year-earlier period. The number of sold housing units was preliminarily 564
(546) in the first quarter. This was apparent from President and CEO Olle
Ehrlén's address to the Annual General Meeting, which commenced at 4:30 p.m.
today, April 7, at the Grand Hotel in Stockholm.

During his address, Olle Ehrlén gave an account of 2008 and had the following
comments to make concerning the current market conditions, which have been
exceptionally turbulent since autumn 2008, with a sharp decrease in orders
received during the fourth quarter:

- Orders received during the first quarter of 2009 remained weak and were 39
percent lower than in the first quarter of 2008, according to preliminary
figures. The trend in orders received means that we will see lower activity in
2010 and we are adapting our operations accordingly.

Olle Ehrlén also commented on sales of housing units during the early part of
2009:
- During the first quarter of 2009, we sold a total of 564 housing units in all
markets. This was somewhat better than the relatively low housing sales reported
in the year-earlier period, when we sold 546, and also better than in the fourth
quarter of 2008. It is primarily in Sweden that the market has recovered
somewhat, while conditions in Finland remained weak.

- We are currently starting up virtually no new residential projects but are
instead focusing on selling the projects that we have already completed or that
are in progress. In our latest campaign in Sweden, we are offering ‘one room on
the house.' The campaign, which was launched in mid-March and will continue for
another couple of weeks, has had a favorable impact on sales in Sweden, albeit
from a low level. Spring sun and low interest rates are other factors that have
a positive impact on sales, while increased unemployment will have an adverse
impact.

However, Olle Ehrlén emphasizes that NCC has a broad product portfolio, with an
increasing share of infrastructure and civil engineering projects. NCC is also a
leader in the Nordic market for aggregates, asphalt and paving, operations that
are less sensitive to economic conditions than sales of housing.

The entire address (in Swedish) will be available on NCC's website, www.ncc.se,
after the close of the Meeting. NCC's interim report for the first quarter of
2009 will be published on May 12.

For further information, please contact:
Ann-Sofie Danielsson, Chief Financial Officer, +46 (0)70-674 07 20.
Annica Gerentz, Senior Vice President Corporate Communications, +46 (0)70-398 42
09.
Johan Bergman, Investor Relations Manager, +46 (0)70-354 80 35.

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 2008 sales of fully SEK 57 billion, with 20,000
employees.