NCC to sell fourth phase of Tulli Business Park, Tampere, Finland, for approximately SEK 215 million

NCC to sell fourth phase of Tulli Business Park, Tampere, Finland, for
approximately SEK 215 million

NCC Property Development Oy has sold the fourth and final phase of Tulli
Business Park to UBS fund UBS (D) Euroinvest Immobilie. The sale of the property
had, after full provision for rental guarantees, a positive impact on earnings
which will be recognized in the second quarter of 2009. The customer will pay
part of the purchase consideration and assume ownership of the company on April
27, 2009. The remaining amount will be paid in accordance with a payment plan
prior to June 30, 2009.


NCC Tulli Business Park comprises a total of four buildings consisting of an
area of 35,000 square meters and nearly 20,000 square meters of leasable office
space. The sale of the fourth phase is included in the framework agreement with
UBS, which also acquired the previous three phases.

Approximately 93 percent of the fourth phase is leased. The building will be
completed in June and the tenants that are due to move in are OpusCapita,
Optiplan, Intrum Justitia and Room M and UPM Kymmene. Current tenants in the
three previous Tulli phases include UPM-Kymmene, Destia, Intrum Justitia, Logic
Software and NCC. NCC has been commissioned to complete and lease out Tulli
Business Park.

- We see major tenant interest in Tulli Business Park. The first phases were
rapidly leased and we believe that the final phase will also be fully leased,
says Tero Estovirta, Unit Director, NCC Property Development in Finland.

Tulli Business Park is located in Tampere city center, close to the railway
station, university and Tampere Hall. NCC has worked on developing the Tulli
area for several years in cooperation with the city of Tampere and other
players. The project architect is Helamaa & Heiskanen. Tulli Business Park will
be completed at the end of June 2009. 

For further information, please contact:
Jorma Ahokas, Managing Director, NCC Property Development Oy, +358 50 67390 
Tero Esovirta, Unit Director, NCC Property Development Oy, +358 50 593 6194
Lovisa Lagerström Lantz, Acting Press Relations Manager, NCC Group, +46 (0)70
592 45 46

NCC Property Development develops and sells commercial properties in defined
growth markets in the Nordic and Baltic regions. Our customers want
inspirational and sustainable environments in properties that offer stable and
secure return over time. We have approximately 30 ongoing projects at an
investment value of approximately SEK 7 billion.