Court decision in the Asphalt case in Sweden


Court decision in the Asphalt case in Sweden

The District Court of Stockholm has today issued its decision in the Asphalt
case in Sweden.

According to the decision, fines have been imposed on all seven companies
involved in the court case. For Skanska, a fine of SEK 170 M has been imposed
and the company will therefore take a charge of that same amount in the second
quarter 2007.

Skanska is pleased to note that the court has imposed a significantly lower
amount than claimed by the Swedish Competition Authority. However, Skanska
strongly disagrees with the court's evaluation and will most likely appeal the
case to the Swedish Market Court. A final decision will be made after thorough
analysis.

“Although we are disappointed with the decision, it's positive that we approach
the end to this old case. Since ten years business ethics and our Code of
Conduct have been core values of Skanska and our employees worldwide, and the
allegations in this case have nothing to do with the company of today”, says
Stuart Graham, President and CEO of Skanska.  

The background of the case is that the Swedish Competition Authority in 2003
took legal action against seven companies, including NCC, Peab, Skanska and the
Swedish Road Administration, for alleged illegal cooperation and tendering
cartels within the Swedish asphalt industry. In brief, the authority has alleged
that Skanska to a varying degree and in conjunction with the remaining
co-defendants participated in an extensive cartel pertaining to the production
and laying of asphalt in certain parts of Sweden during the period July 1993 to
October 2001. Skanska has disputed the claim. 



For further information please contact:

Peter Gimbe, Press Officer, Skanska AB, tel +46 8 753 88 38
Direct line for media: +46 8 753 88 99


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

This is the type of information that Skanska AB may be obligated to disclose in
accordance with the Swedish Securities Exchange and Clearing Operations Act
and/or the Financial Instruments Trading Act. 

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.

Attachments

07102058.pdf