Extraoridnary General Meeting at NCC approves expanded program of share repurchas

Extraordinary General Meeting at NCC approves expanded program of share repurchases On Thursday, an Extraordinary General Meeting of NCC shareholders voted in favor of the Board of Directors' proposal of August 14 regarding expanded authorization to repurchase the Company's own shares. The Meeting voted that the Board be authorized to make decisions prior to the next Annual General Meeting regarding the purchase of a maximum of 10,843,582 shares, corresponding to not more than 10 percent of the total number of shares in the Company. The price paid for the shares shall be the stock market price prevailing at the date of acquisition, subject to a deviation that does not exceed the registered span of share prices at each point in time. The reasons for the repurchase program include covering allotments of options under the Company's rolling options program for approximately 170 senior executives. The sale of shares within the framework of the options program will have no dilution effect on the holdings of current shareholders. Up to and including September 13, NCC had repurchased 2,603,089 shares at an average price of SEK 72.99 per share. The total number of NCC shares now outstanding amounts to 108,435,822. For further information, please contact: Hans-Olof Karlsson, Senior Vice President, tel +46 8-655 22 79 or Annica Gerentz, Investor Relations, tel +46 8-655 22 04 All NCC:s pressreleases can be found on www.ncc.se ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/09/15/20000915BIT00020/bit0001.doc http://www.bit.se/bitonline/2000/09/15/20000915BIT00020/bit0002.pdf