NCC`s sale of office property in Malmö yields SEK 9,1 million gain

NCC's sale of office property in Malmö yields SEK 9.1 million gain NCC Property Development has reached an agreement with Volito Fastigheter AB regarding the sale of the Ran 8 property at Skeppsbron, Malmö. The sales price of SEK 14.5 million will generate a gain of SEK 9.1 million for NCC. The sale will affect NCC's earnings during the first quarter of 2002. The four-story office property, which is located at Skeppsbron, about 200 meters from Malmö Central Station, comprises a total of approximately 1,000 square meters of floor space. The building was erected at the end of the 19th Century and was refurbished during the mid-1980s. "This sale is in line with our strategy of selling managed properties in order to release capital for investments in new development projects," says Jan Andersson, Property Sales Manager at NCC Property Development Malmö. The purchaser will take over the property on January 21, 2002. For further information, please contact: Jan Andersson, Property Sales Manager, NCC Property Development Malmö Tel +46 40 317162 or +46 70 654 6365 Gisela Lindstrand, Press Relation Manager NCC AB Tel +46 8 585 52346 or +46 70 392 9500 Lena Fläder, Information Director NCC Property Development Tel +46 8 585 52024 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 region. NCC has annual sales of approximately SEK 40 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/2002/01/07/20020107BIT00310/bit0002.doc http://www.waymaker.net/bitonline/2002/01/07/20020107BIT00310/bit0002.pdf