NCC has sold a residential property in Umeå, Sweden, for SEK 82 million

NCC has sold a residential property in Umeå, Sweden, for SEK 82 million NCC has reached an agreement with Lerstenen regarding the sale of the Nystanet 1 property at Tomtebo in Umeå. The sales price of approximately SEK 82 million will have a marginal impact on NCC's earnings for the fourth quarter of 2003. The property contains 158 residential apartments and was built by NCC during 1996-1997. NCC has subsequently managed the property with the intention of finding an external purchaser. As a result of this transaction, NCC owns no residential properties or commercial properties in Umeå. Lerstenen is a family business that, following this acquisition, will own residential properties in Umeå containing a total of 600 apartments. For further information, please contact: Bengt Lundstedtm, Financial Manager NCC Construction Sweden Tel +46 8 585 51712 or +46 70 582 2911 Gisela Lindstrand, Press Relations Manager NCC AB Tel +46 8 585 52346 or +46 70 392 9500 Lars Sällström, President Lerstenen Tel +46 90 14 25 40 All of NCC's press releases are available on www.ncc.info NCC is one of the leading construction and property development companies in the Nordic region. NCC had in 2002 sales of SEK 45 billion, with 25,000 employees. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/10/07/20031006BIT00610/wkr0001.doc http://www.waymaker.net/bitonline/2003/10/07/20031006BIT00610/wkr0002.pdf