Skanska receives extended service contract valued at about SEK 1 billion


STOCKHOLM, Sweden, Jan. 19, 2004 (PRIMEZONE) -- Skanska Facilities Management has signed an agreement with an existing customer whereby Skanska continues to be responsible for the customer's internal services. The new agreement is valued at SEK 990 M and covers a three-year period. The assignment comprises internal services for various facilities in Sweden.

Approximately SEK 820 M will be reported in order bookings for the fourth quarter of 2003. Including the new assignment, the average contract period for Skanska Services's backlog of orders is 2.5 years.

Under the agreement, Skanska will continue to supply and develop various facilities management services for worksites and offices. These services include mail and materials handling, security solutions, telephone services, reception, cleaning and staff restaurants.

"We value the continued confidence that the customer places in us as a facilities management partner. In cooperation with the customer we will continue to develop and enhance the efficiency of these internal services," says Mats Jonsson, President of Skanska Services, which includes Skanska Facilities Management.

Skanska is the largest supplier of facilities management services in the Nordic region. This involves providing and developing facilities management services for companies and authorities, allowing them to focus on their core operations.

Skanska's facilities management operations generate annual sales of approximately SEK 2.5 billion. The company currently has approximately 1,800 employees and operations in Sweden, Denmark, Norway, Finland, the UK and Belgium. Customers include Amersham, HP, Ostergotland County Council, Philips, Pfizer, Ericsson, Saab, Scania, Volvo Car Corporation and Volvo Trucks.


For further information, please contact:
Ulf Wretskog, Business Area Manager, Skanska Facilities Management AB
tel +46 8 504 364 05 

Staffan Ebenfelt, President, Skanska Facilities Management AB
tel +46 8 504 350 37

Peter Gimbe, Press Officer, Skanska AB
tel +46 8 753 88 38
 +46 70 543 88 38

This and previous releases can also be found at www.skanska.com

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http://www.waymaker.net/bitonline/2004/01/19/20040119BIT20030/wkr0001.pdf