Skanska signs syndicated loan facility totaling EUR 600 M


STOCKHOLM, Sweden, Nov. 19, 2004 (PRIMEZONE) -- Skanska has signed a syndicated loan facility totaling EUR 600 M, corresponding to about SEK 5.4 billion. The agreement is for a period of five years, with an option for extension.

The loan facility is being signed by Skanska Financial Services AB, with Skanska AB as guarantor. The loan is primarily a strategic back-up facility. The loan can be utilized in a number of currencies, including EUR, USD and GBP.

The lenders are 12 international commercial banks.

For further information please contact:

Anders Arling, President, Skanska Financial Services AB, tel +46 8 504 368 78 Anders Lilja, Senior Vice President, Investor Relations, Skanska AB, tel +46 8 753 88 01

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

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