NCC sells properties in Malmö and Jönköping for SEK 210 million

NCC sells properties in Malmö and Jönköping for SEK 210 million NCC Property Development has sold the Taxeringsrevisorn 2 property in Malmö and the Örnnästet 4 property in Jönköping to companies whose principal owner is CA Fastigheter AB. The combined purchase price of SEK 210 million will generate a gain of SEK 5 million, which will affect NCC's earnings for the second quarter of 2002. The takeover date is May 1. The property in Malmö, located at Inre Ringvägen, in the Rosengård district, includes 15,000 square meters of office space and 8,000 square meters of rented residential space. Total floor space in the building, which includes NCC's regional office, amounts to 24,000 square meters. The sale is in line with NCC's strategy of divesting its managed properties. The property in Jönköping, located along Herkulesvägen by Munksjön, comprises a total of approximately 10,000 of floor space, including an ICA Maxi hypermarket developed by NCC in accordance with ICA's concept for modern hypermarkets. The property was completed in 2000. "The sale of the ICA property in Jönköping marks the completion of our property-development activity, which involved responsibility for everything from project concept, to the final placement of the property with a management company," says Jan Andersson, Property Sales Manager, NCC Property Development, Malmö. For further information, please contact: Jan Andersson, Manager Property Pevelopment, 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 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 28,000 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/2002/03/19/20020319BIT00720/wkr0001.doc http://www.waymaker.net/bitonline/2002/03/19/20020319BIT00720/wkr0002.pdf