Alf Göransson appointed new President and Chief Executive Officer of NCC

Alf Göransson appointed new President and Chief Executive Officer of NCC NCC AB's Board of Directors has appointed Alf Göransson as new President and Chief Executive Officer of the NCC Group. Alf Göransson, aged 43, has a degree in international economics from the University of Gothenburg and is currently President and Chief Executive Officer of Svedala Industri AB. From 1981 to 1993, Alf Göransson held various executive positions within the Cardo Group. During 1993-1998, he was president of Swedish Rail Systems AB (SRS), a contracting company that was part of the Scancem Group. During 1998-2000, he was president of the Cardo Rail business area. Alf Göransson will commence his position at NCC as soon as possible, although not later than autumn 2001. "I'm really looking forward to taking on the challenge of boosting NCC's profitability. I view it as a gratifying task to continue to develop the considerable wealth of knowledge and expertise that exists within the NCC Group, in an effort to create new value for customers, shareholders and employees," says Alf Göransson. "We're very pleased that Alf Göransson has decided to accept our offer to become NCC's new President and Chief Executive Officer. He possesses a unique combination of highly valuable national and international experience. Alf Göransson has previously worked on the restructuring of operations and has many years of experience from contracting operations," says Tomas Billing, Chairman of the NCC Board. Questions should be directed to: Alf Göransson (Tel: +46 40 24 58 00) Tomas Billing, Chairman of the Board, NCC (Tel: +46 8 788 5018) 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 and Baltic Sea region. NCC has annual sales of approximately SEK 40 billion, with 25,000 employees. The NCC Group is divided into six business areas: Contracting, Housing, Property Development, Industry, Telecom and Service. ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/05/02/20010502BIT00790/bit0002.doc http://www.bit.se/bitonline/2001/05/02/20010502BIT00790/bit0002.pdf