NCC to Remodel Parliament Building in Oslo for SEK 155 million


SOLNA, Sweden, June 02, 2003 (PRIMEZONE) -- NCC Construction AS has been commissioned to remodel the Stortinget property block and Tollbugaten 31 buildings in Oslo, the location of the Norwegian Parliament. The turnkey contract is worth approximately SEK 155 million (NOK 136 million).

The project comprises the remodeling of a total of about 10,000 square meters of floor space. Work will commence as soon as possible and proceed for two years. At most, 50 employees will participate in the remodeling process.

The first phase of the assignment involves Tollbugaten 31. Work there will be complex, entailing a total renovation of the interior, which will require the installation of new elevators, an underground network of passageways and new technical systems.

The ensuing phase will involve improvements of communications between Tollbugaten 31 and the many other buildings housing the Norwegian Parliament. This will be achieved by extending existing atriums and equipping these with glass roofs, and by constructing internal footbridges and panoramic elevators.

Following the renovations, the Stortinget block and Tollbugaten 31 will comprise modern, high-quality premises, while the original character of the buildings will be preserved.

"We are honored to have been given this opportunity to improve the working environment for the democratically elected representatives of the Norwegian people and their staff. In many ways, the project will act as a display window for NCC and the construction industry as a whole. I can guarantee that the project will be conducted in accordance with our undertaking that customers can always expect a bit more from NCC," said Tommy Helgerud, Regional Manager, NCC Construction AS.

For further information, please contact: Tommy Helgerud, Regional Manager NCC Construction AS Tel +47 22 98 68 00 or +47 952 79 009 Gisela Lindstrand, Press Relations Manager NCC AB Tel +46 8 585 52346 or +46 70 392 9500 OEyvind Kvaal, Communication Manager NCC Construction AS Tel +47 22 98 69 34 or +47 900 76 910

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 2002 sales of SEK 45 billion, with 25,000 employees.

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