NCC reports in accordance with International Financial Reporting Standards – IFRS

Since the beginning of the year, has NCC complied with International Financial Reporting Standards, IFRS, and on May 11 NCC will present its results for the first quarter of 2005 in accordance with the new accounting principles.

A quarterly compilation of the effects on the accounts for 2004 is downloadable from NCC’s website, which will enable comparisons to be made of the IFRS-based accounts for 2004 with previously reported material. The tables can be downloaded in a PDF or EXCEL format from: www.ncc.info/ifrs_en For further information, please contact: Ann-Sofie Danielsson, SVP and Financial Director, NCC Group, +46 8 585 517 17, +46 706 740 720