NCC's housing sales increased in April

NCC's housing sales increased in April

NCC's sales of housing increased during April compared with a year earlier. A
total of 440 (246) units were sold. This was announced on NCC's Capital Market
Day on Thursday. However, market conditions in the Nordic construction market
remained weak. Orders received by NCC declined in April by 38 percent compared
with April 2008.  

Thursday's Capital Market Day with NCC focused on the newly formed business
area, NCC Housing, and the aggregates, asphalt and paving operations conducted
in the NCC Roads business area. 

The recent years' investments in the housing market resulted in NCC becoming one
of the largest housing builders in the Nordic region. The number of development
rights totaled 31,537 at April 30th and the ongoing production totaled 3,641.
The sales increase during April was primarily attributable to Sweden, where NCC
has had a campaign in progress since March under the theme “A room on the
house.”   

The increase in sales has meant that the number of completed unsold homes fell
from 780 to 730 during April. Furthermore, NCC has during 2009 sold a number of
land areas with corresponding contracts, totaling SEK 683 million, to investors.

- We will continue to adopt a cautious approach to starting housing projects,
due to a pessimistic view on the housing market for the second half of 2009.
During the first four months we started 159 (588) housing units. Due to low
interest rates and a successful campaign in Sweden, sales nearly doubled in
April, but increased unemployment will impact sales. A campaign similar to the
one in Sweden was launched in Finland in early May. It is too early to summarize
the results but the campaign attracted widespread media coverage and sales have
been affected, comments Peter Wågström, President of NCC Housing.

NCC's President and CEO Olle Ehrlén repeated the market prospects that were
published in the most recent quarterly report on May 12. 

- The trend of reduced orders received that we had seen in the past two quarters
also continued in April. We will continue to adapt the organization, operations
and costs to market conditions and to the lower volumes. However, we have a
strong market position with a broad product portfolio, extensive geographic
spread and an excellent financial position, comments Olle Ehrlén.

Speaker presentations are available on
http://www.ncc.se/en/About-NCC/Investor-relations/Capital-Market-Day/

For further information, please contact:
Ann-Sofie Danielsson, Chief Financial Officer, +46 (0)70 674 07 20
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



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 in 2008 sales of fully SEK 57 billion, with 20,000 employees.