New President of Skanska USA Building

New President of Skanska USA Building

Michael McNally has been appointed President of Skanska USA Building. He
immediately replaces the Skanska Group's Executive Vice President Johan
Karlström, who has been responsible for Skanska USA Building since 2006.

Johan Karlström will continue to be based in the US and as previously remains a
member of the Skanska Group's Senior Executive Team, within which he has overall
responsibility for the American operations.

McNally has 31 years of experience in the industry and has worked within Skanska
USA Building since 1998 and been a member of the unit's executive management
group.

“Mike has played an important role in the restructuring undertaken within USA
Building in recent years. Today, the unit is reporting strongly improved
earnings and rising margins,” says Stuart Graham, Skanska's President and CEO.
“Consequently, the time is right for Mike to take over as President and for
Johan to continue work with developing and coordinating our combined operations
in the US.”

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 3,900 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 38
Direct line for the 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.