NCC to construct Royal College of Music for SEK 413 million

Akademiska Hus has commissioned NCC to construct the new Royal College of Music
in Stockholm. The order, worth about SEK 413 million, will be implemented in
partnership with Akademiska Hus and registered in the second quarter of 2013.
After 55 years in temporary premises, the Royal College of Music will now
acquire a new residence. Integration between the city and a creative meeting
place will provide the focus and the college will feature a distinctive glass
entrance on Valhallavägen and flexible concert spaces for both large and more
intimate concerts.

“Our aim is to create a modern college with high acoustic standards in the
concert spaces, and practice rooms with a good work environment for teachers and
students,” says Matti Virkki, Business Manager, Building Department, NCC
Construction, Stockholm/Mälardalen Region.

“The Stockholm region is developing and, together with the Royal College of
Music and NCC, we look forward to commencing construction on this vital project
for the university capital of Stockholm,” says Sten Wetterblad, Regional
Director, Akademiska Hus AB, Stockholm Region.

The contract will be carried out in close collaboration with Akademiska Hus. The
working method is in line with NCC Partnering (http://www.ncc.se/partnering) , a
structured form of collaboration where the client, consultants and contractors
work together to solve a construction assignment. The method is based on an open
and trusting partnership, in which all parties share their professional
knowledge throughout all stages of the project. The work is also planned
digitally using virtual construction (VDC) (http://www.ncc.se/OM-NCC/Sa-arbetar
-vi/Virtuellt-Byggande/), which optimizes the construction period.

The project has commenced in terms of landscaping and relocating the existing
building on the site, and is scheduled for completion by May 2016. The total
assignment comprises a gross area of 21,900 square meters, of which about 20,900
square meters will be new construction and employ about 70 people in NCC.

The project will be registered in the NCC Construction Sweden business area.
For further information, please contact:
Matti Virkki, Business Manager, NCC Construction, Stockholm/Mälardalen Region,
Tel: +46 8 585 512 35

NCC’s media line: +46 8 585 519 00 or e-mail: press@ncc.se
This is the type of information that NCC could be obligated to disclose pursuant
to the Securities Market Act. The information was issued for publication on 1
July 2013 at 13:15 CET.

All of NCC’s press releases are available on www.ncc.se/press.

NCC is one of the leading construction and property development companies in the
Nordic region. In 2012, NCC reported sales of SEK 57 billion and had 18,000
employees. NCC Construction Sweden builds housing units, offices, roads, civil
engineering and other infrastructure in Sweden.