NCC’s 2011 Annual General Meeting

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Today’s Annual General Meeting of NCC shareholders resolved on motions including a dividend, director fees, guidelines for the remuneration of senior executives and authorization concerning the transfer of shares. The Annual General Meeting approved the income statements and balance sheets for 2010 and granted the Board and the President discharge from liability.

NCC’s Annual General Meeting approved the Board of Directors’ motion to pay a dividend of SEK 10.00 (6.00) per share. The record date for receipt of dividends was set at Monday, April 18, 2011. The dividends are scheduled to be sent from Euroclear Sweden AB on Thursday, April 21, 2011.

In accordance with a proposal from the Nomination Committee, the Meeting re-elected Antonia Ax:son Johnson, Tomas Billing, Ulf Holmlund, Ulla Litzén, Marcus Storch and Christoph Vitzthum. Tomas Billing was elected Chairman of the Board .

It was resolved that director fees be raised by a total of SEK 325,000 and paid in a total amount of SEK 2,775,000, to be distributed in the amount of SEK 650,000 to the Chairman of the Board and SEK 425,000 to each other member elected by the Annual General Meeting.

The Meeting re-elected Viveca Ax:son Johnson (chairman) and elected Thomas Ehlin , Corporate Governance Director at Nordea Funds, and Thomas Eriksson, President of Swedbank Robur AB , as members of the Nomination Committee.

It was resolved that the guiding principles for determining the salary and other remuneration of the President and other members of the company’s management, as adopted at the 2010 Annual General  Meeting, will continue to apply in all material respects.

The Meeting authorized the Board, prior to the next Annual General Meeting, to sell the shares currently held by the company, corresponding to 21,138 Series B shares. The shares are to be sold on NASDAQ OMX Stockholm at prices within the registered span of share prices at each particular sales occasion.

The information is such that NCC AB is obligated to publish pursuant to the Securities Market Act. The information was submitted for publication on April 13, 2011 at 18:45 CET.

For further information, please contact :
Annica Gerentz,
Senior Vice President Corporate Communications, tel. +46 (0)70-398 42 09.
Johan Bergman,
Investor Relations Manager, tel. +46 (0)8-585 523 53, +46 (0)70-354 80 35
Magnus Jonsson, External Communication and Media Relations Manager NCC AB, +46 (0)8 585 522 46,+46 (0)70 817 8711

NCC press line: +46 (0)8-585 519 00, E-mail: press@ncc.se

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 sales of SEK 49 billion in 2010, with 17,000 employees.

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About NCC Our vision is to renew our industry and provide superior sustainable solutions. NCC is one of the leading companies in the Nordics within construction, infrastructure and property development, with sales of SEK 53 billion and 17,000 employees in 2016. The NCC share is listed on NASDAQ Stockholm.

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