NCC receives Norwegian contract worth SEK 500 million

12/10/1998 10:16 AM EST

NCC's wholly owned Norwegian subsidiary, NCC Eeg-Henriksen, has been
commissioned to build two large suspension bridges that are to be part of
Norway's Trekantsambandet (Triangle Link). The customer is Statens Vegvesen
(Norwegian Road Administration) in Hordaland and the order is worth a total of
NOK 546 million, of which NCC will account for approximately half. The project
will be undertaken in a consortium with HSM, a Dutch company that will be
responsible for steel structures and assembly work on the bridges.

Each bridge will be approximately 1,000 meters long and have a sail-free
height of 18 meters and 36 meters, respectively. A total of 35 salaried
employees and slightly more than 100 skilled workers will be engaged in the
project. Work will commence in January 1999 and the bridges are scheduled to
be completed in June 2001.

Within the framework of the Trekantsambandet project, NCC has already received
an order for the Bömlafjord tunnel, which involves underwater work worth NOK
250 million. Accordingly, the combine value of the NCC Group's orders is
approximately NOK 500 million.

For further information, please contact:
Trond Johansen, Administrative Director, NCC Eeg-Henriksen Anlegg AS
(Tel: +947-22 98 68 00, or +947-905 56 430);
Arild Grönsdal, Project Manager (Tel: +947-53 40 37 50, or +947-917 03 847)