NCC to build logistics property in Finland for SEK 153 million

NCC to build logistics property in Finland for SEK 153 million NCC Finland, in cooperation with Nordisk Renting Oy, has reached an agreement with tire manufacturer Nokian Tyres Abp regarding construction of a logistics property in Nokia, outside Tampere, Finland. The investment totals approximately SEK 153 million, corresponding to about EUR 17 million. The new property will consist of a tire warehouse totaling 34,000 square meters. NCC will commence construction activities during autumn 2004 and the property is scheduled for completion at the end of 2005. The property, which will be located outside central Nokia, will contain modern warehouse premises. The geographical location is of key importance, as the property will be situated adjacent to Nokian Tyres' tire-manufacturing unit, close to major thoroughfares. Nokian Tyres plc has 2,760 employees and manufactures tires for cars, bicycles and heavy trucks. The company also operates Vianor, one of the largest tire chains in the Nordic region, with 170 sales outlets in Finland, Sweden, Norway, Estonia and Latvia. For further information, please contact: Reinhold Geijer, President, Nordisk Renting AB, tel +46 8 670 98 00 Kari-Pekka Laaksonen, head of logistics, Nokian Tyres, tel. +358 3 340 7149 Ulf Thorné, Press Relations Manager, NCC Group, +46 8 585 523 46 or +46 70 214 77 27 All of NCC's press releases are available on www.ncc.info NCC is one of the leading construction and property development companies in the Nordic region. NCC had in 2003 sales of SEK 45 billion, with 24,000 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/2004/09/15/20040915BIT21510/wkr0001.pdf