Finnish Competition Authority opposes NCC’s acquisition of Destia’s asphalt paving operations

In March 2011, NCC signed an agreement to acquire the asphalt and paving
operations in the Finnish company Destia, which is wholly owned by the Finnish
government. The agreement has been subject to review by the Finnish
Competition Authority (FCA), which has now announced that it opposes the
transaction. The FCA has requested that the Finnish Market Court prohibit the
acquisition.

The Market Court must now make a decision in this matter and issue
notification within three months on whether the acquisition is to be approved or
prohibited.

- The negative response was unexpected. We must now examine the material
together with the other parties involved in the transaction before we decide what
the next step will be for us, says Göran Landgren, Business Area President of
NCC Roads in a statement.

NCC previously communicated information concerning the agreement to
acquire Desdia’s asphalt surfacing business on March 24, 2011.