Skanska awarded building contract for USD 170 M, about SEK 1.1 billion

Skanska has signed a contract worth USD 170 M, about SEK 1.1 billion, for a

confidential client. The order will be included in the order bookings for

Skanska USA Building in the fourth quarter 2011. The project is in the western

United States and work will begin immediately.

Skanska USA is one of the leading development and construction companies in the

country, consisting of four business units: Skanska USA Building, which

specializes in building construction; Skanska USA Civil, specialized in civil

infrastructure; Skanska Infrastructure Development, which develops

public-private partnerships; and Skanska Commercial Development, which develops

commercial development projects in select U.S. markets. Headquartered in New

York, Skanska USA has approximately 7,400 employees and its 2010 revenues were

SEK 34.3 billion.

For further information please contact:

Jay Weisberger, Director Communications, Skanska USA, tel: +1 206 494 5469

Edvard Lind, Group Press Officer, Skanska AB, tel: +46 (0)10-448 88 08.

Direct line for media: tel: +46 (0)10-448 88 99.