Skanska awarded a college building contract in San Antonio, Texas, amounting to USD 43.5 M, SEK 305 M

Skanska awarded a college building contract in San Antonio, Texas, amounting to
USD 43.5 M, SEK 305 M

Skanska has been awarded the construction management contract for a new building
on the St. Philips College campus in San Antonio, Texas. The contract amount is
USD 43.5 M, SEK 305 M, which will be included in order bookings for the first
quarter of 2007. The client is the Alamo Community Colleges.

The project comprises a three-story building with a concrete frame structure.
The total gross building area is 20,000 square meters. 

The new building will house the Nursing and Allied Health Career Center,
Learning Resource Center and an enrollment center. St. Philips College, founded
1898, is one of the fastest growing in Texas with a semester enrollment of more
than 10,000 students. 

Construction work has begun and the project is expected to be completed in the
fall 2008.  

Skanska USA Building is a leading provider of construction, pre-construction
consulting, general contracting and design-build services in the US to a broad
range of industries, including life sciences, healthcare, education, high-tech,
aviation, transportation and sports and entertainment. Skanska USA Building also
provides pharmaceutical validation services to clients. The company is
headquartered in Parsippany, New Jersey, and has approximately 3,600 employees.
Sales in 2006 amounted to about SEK 30 billion.


For further information please contact:

Tom Crane, Senior Vice President Communication, 
Skanska USA Building, tel +1 973 753 3450 
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.