Finnish Competition Authority opposes NCC's acquisition of Destia's asphalt paving operations

Finnish Competition Authority opposes NCC's acquisition of Destia's
asphalt paving operations

The Finnish Competition Authority has opposed NCC's acquisition of
Destia's asphalt paving operations. The Authority has requested that the
Market Court forbid the planned corporate merger.

In March 2011, NCC signed an agreement to acquire the asphalt and paving
operations in the Finnish company Destia, which is wholly owned by the
Finnish government. The agreement has been subject to review by the
Finnish Competition Authority (FCA), which has now announced that it
opposes the transaction. The FCA has requested that the Finnish Market
Court prohibit the acquisition.

The Market Court must now make a decision in this matter and issue
notification within three months on whether the acquisition is to be
approved or prohibited.

“The negative response was unexpected. We must now examine the material
together with the other parties involved in the transaction before we
decide what the next step will be for us,” says Göran Landgren, Business
Area President of NCC Roads in a statement.

NCC previously communicated information concerning the agreement to
acquire Desdia's asphalt surfacing
business (http://www.ncc.se/pressrelease/sv/556787/4679/NCC+f%c3%b6rv%c3
%a4rvar+Destias+asfalt-+och+bel%c3%a4ggningsverksamhet+och+st%c3%a4rker+
sin+position+i+Finland) on March 24, 2011.

For further information, please contact:

Göran Landgren, Business Area President, NCC Roads, + 46 (0)705 950 730
NCC's press telephone: +46 (8) 585  519 00