Construction start is scheduled for March 2004 and completion for January 2005.

The contract will be carried out in three stages. Stage 1 includes completion of the new wing and the work will be finished by the end of September 2004. Foundation work and framework in connection with the new wing has already been completed in another contract.

Stage 2 includes reconstruction of the existing terminal. The work will be completed in the course of December 2004, but by November the new ship will begin sailing from the new terminal.

Stage 3 includes different completion operations, which will be finished by the end of January 2005.

For further information, please contact:

Göran P. Larson, Managing Director at Veidekke Stockholm AB,

phone + 46 8 635 61 00

Project Manager Lars Mällberg, Veidekke Stockholm AB,