NCC utilizes mandate for sale of own shares

The Board of NCC AB confirm its decision to use the mandate granted by the Annual General Meeting, april 13, 2011, for sale of own shares.

The Annual General Meeting authorized the Board, prior to the next Annual General Meeting, to sell the own shares currently held by the company, corresponding to 21,138 Series B shares.  These shares were bought back several years ago in order to satisfy obligations arising under the former option program. Since NCC currently has no option program, there is no need to hold treasury shares.

The shares will be sold in the near future on NASDAQ OMX Stockholm at prices within the registered span of share prices at each particular sales occasion.

The number of shares outstanding is presently 108, 414,684, whereof 31,173,625 series A shares and 77, 241,059 series B shares. The company holds 21,138 series B shares.

For further information, please contact:
Annica Gerentz, Senior Vice President Corporate Communications, tel. +46 (0)70-398 42 09.
Johan Bergman, Investor Relations Manager, tel. +46 (0)8-585 523 53, +46 (0)70-354 80 35

NCC press line: +46 (0)8-585 519 00, E-mail: press@ncc.se

The information is such that NCC AB is obligated to publish pursuant to the Securities Market Act. The information was submitted for publication on May 6, 2011 at 15:20 CET.

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 had sales of SEK 49 billion in 2010, with 17,000 employees.