NCC´s sale of property in Malmö generates SEK 18.5 million gain

NCC's sale of property in Malmö generates SEK 18.5 million gain NCC Property Development has sold the Laxen 17 property in central Malmö to Contentus AB. The sales price of SEK 45.8 million will generate a gain of approximately SEK 18.5 million. The sale will affect NCC's earnings during the second quarter of 2002. The purchaser will gain access to the property on June 28 this year. Laxen 17 is located along the Södra Förstadsgatan pedestrian boulevard at Triangeln in Malmö. The property comprises a six-story building containing retail, office and residential units with combined rentable floor space of approximately 2,900 square meters. The building, which was erected in the 1940s, is mainly surrounded by commercial properties. "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, NCC Property Development, Malmö. For further information, please contact: Jan Andersson, Property Sales Manager, NCC Property Development, Malmö Tel +46 40 31 71 62 or +46 70 654 6365 Gisela Lindstrand, Press Relation Manager NCC AB Tel +46 8 585 52346 or +46 70 392 9500 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 SEK 46 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/2002/05/30/20020530BIT00520/wkr0001.doc http://www.waymaker.net/bitonline/2002/05/30/20020530BIT00520/wkr0002.pdf