NCC's share of SPP's surplus

NCC´s share of SPP´s surplus The Swedish Staff Pension Society (SPP) announced today that the NCC Group´s share of SPP´s surplus corporate funds amounts to SEK 1,022,490,986. In SPP´s opinion, its corporate customers should not enter the surplus corporate funds as an asset in their balance sheet. Since neither the rules nor the time for access to these funds have been definitely established, SPP believes that the allocated funds do not qualify as funds that should be entered in the balance sheet. For further information, please contact: Björn Andersson, NCC, Vice President Business Control (Tel: +46-8-655 20 40) ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/1999/10/27/19991027BIT00800/bit0001.doc http://www.bit.se/bitonline/1999/10/27/19991027BIT00800/bit0002.pdf