Skanska awarded roadway project in California for SEK 790 M, USD 113 M

Skanska awarded roadway project in California for SEK 790 M, USD 113 M

Skanska has secured the contract to widen State Route 60 in California. The
contract amount is USD 113 M, approximately SEK 790 M, which will be included in
order bookings for the first quarter. The customer is the California Department
of Transportation (CalTrans).

The scope of work involves widening approximately 22 kilometers of State Route
60 (SR 60) in Riverside County in the East Los Angeles area. Two new lanes - one
in each direction - will be added to the stretch of highway. The new lanes will
be reserved for high-occupation vehicles (HOVs), meaning vehicles that are
carrying at least one passenger in addition to the driver.

The project also includes refurbishment of four existing concrete bridges and
construction of retaining walls along the stretch of highway. The project will
involve pouring some 88,000 cubic meters of concrete paving.

Work will start in the near future and is expected to take three years.

SR 60 in East Los Angeles is one of the expressways that are in urgent need of
widening due to population growth and the consequent increase in car and truck
traffic. Skanska also has several other highway projects under way in the area.

Skanska USA Civil specializes in highway infrastructure projects and energy,
water and water-treatment facilities. With operations in the eastern US,
Colorado and California, the company has some 4,000 employees. Skanska USA Civil
had sales of SEK 9.8 billion in 2006.


For further information please contact:

Karen Diemer, Communications Manager, Skanska USA Civil, 
tel +1 718 746 2785
Peter Gimbe, Press Officer, Skanska AB, tel +46 8 753 88 99


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


Skanska is one of the world's leading construction groups with expertise in
construction, development of commercial and residential projects and
public-private partnerships. The Group currently has 56,000 employees in
selected home markets in Europe, in the US and Latin America. Headquartered in
Stockholm, Sweden and listed on the Stockholm Stock Exchange, Skanska's sales in
2006 totaled USD 17 billion.