NCC’s 2010 Annual General Meeting

Pursuant to the Board’s proposals, today’s Annual General Meeting of NCC shareholders resolved on motions including a dividend, authorization concerning the repurchase of shares and guidelines for the remuneration of senior executives. The Annual General Meeting approved the income statements and balance sheets for 2009 and granted the Board and the President discharge from liability. Christoph Vitzthum was elected new member of the Board.

NCC’s Annual General Meeting approved the Board of Directors’ proposal to pay a dividend of SEK 6.00 (4.00) per share. The record date for receipt of dividends was set at Monday, April 19, 2010. The dividends are scheduled to be sent from Euroclear Sweden AB on Thursday, April 22, 2010. In accordance with a motion from the Nomination Committee, the Meeting re-elected Antonia Ax:son Johnson, Tomas Billing, Ulf Holmlund, Ulla Litzén and Marcus Storch. Fredrik Lundberg declined re-election. Christoph Vitzthum, who was born in 1969 and has a M.Sc. (Economics), was elected to the Board. Christoph is a member of the management of the Finnish industrial Group Wärtsilä Oyj Abp and Group Vice President of Wärtsilä Services. Tomas Billing was elected Chairman of the Board. It was resolved that director fees would be paid in a total amount of SEK 2,450,000, to be distributed in an unchanged amount of SEK 575,000 to the Chairman of the Board and SEK 375,000 to each other member elected by the Annual General Meeting. The Meeting re-elected Viveca Ax:son Johnson (chairman) and elected Kerstin Stenberg, Board member of Swedbank Robur Fonder AB, and Peter Rudman, Corporate Governance Director at Nordea Funds, 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 2009 Annual General Meeting, will continue to apply in all material respects. The Meeting authorized the Board, prior to the next Annual General Meeting, to repurchase a maximum of 10 percent of the total number of NCC shares. The shares are to be purchased on NASDAQ OMX Stockholm at prices within the registered span of share prices at each particular purchase occasion. The reason for the repurchases is to provide the Board with an opportunity to adjust the Company’s capital structure.