NCC to build hotel in Oslo for SEK 210 million

NCC to build hotel in Oslo for SEK 210 million

NCC Construction Norway has been commissioned to construct a hotel at
Østbanebygget, by Oslo's Central Station. The client is Rom Eiendom AS
and the project is valued at approximately SEK 210 million. The order
will be registered in the fourth quarter of 2010.

The hotel will comprise approximately 170 rooms. The project is a
combination of the refurbishment of three existing buildings plus one
newly constructed building, totaling approximately 7,500 square meters.
The old façade will be retained in its present state and the hotel will
operate under the name Comfort Hotel Grand Central by Choice Hotels
Scandinavia.

“We were awarded the contract due to our proposed solution and our
implementation method,” says District Manager, Marius Tunstad at NCC
Construction Norway.

Construction is scheduled to commence just after the New Year and the
project is to be completed in the spring of 2012.

NCC and Rom Eiendom have been planning and developing the project, which
will be implemented as a partnering project, over a long period.

Partnering is a structured form of cooperation that enables developers,
consultants and contractors to jointly solve construction assignments.
The method is based on honest and transparent cooperation that allows
the parties' various areas of expertise to complement each other
throughout the construction process.

For more information, please contact:
Marius Tunstad, District Manager, NCC Construction Norway, Tel: +47 977
90 209.
Cato A. Mørk, Communications Manager, NCC Construction Norway, Tel:
+47 924 55 663.
Magnus Jonsson, External Communications and Media Relations Manager, NCC
AB,
Tel: +46 (0)8 585 522 46, +46 (0)70 817 8711
NCC's press telephone: +46 (0)8-585 519 00, E-mail:
press@ncc.se (press@ncc.se)