President of Skanska Infrastructure Development to step down from his role

President of Skanska Infrastructure Development to step down from his role

Simon Hipperson, President of Skanska Infrastructure Development, is to step
down from his role with immediate effect.

Skanska's business plan for 2008-2010, which aims to significantly increase the
activities and investment in PPP-projects, will not be affected by the decision.


“I want to thank Simon Hipperson for his important contributions in developing
the PPP-business in Skanska and we wish him well in the future. We now have a
strong position in Infrastructure Development and see considerable growth
opportunities in this area. We remain fully committed to our business plan for
the next three years, which calls for a significant increase in value creation
in this business”, says Stuart Graham, President and CEO of Skanska. 

Thomas Alm, Executive Vice President of Skanska AB, will serve as President of
Skanska Infrastructure Development until further notice. Thomas Alm will
continue to serve on the Group Senior Executive Team, with responsibility for
Skanska Infrastructure Development, Skanska Latin America and Skanska UK. 

Skanska Infrastructure Development is active within the field of Public-Private
Partnerships (PPP). The unit offers partnership solutions to meet  public demand
for social infrastructure, for example hospitals, schools and roads. Expertise
includes all phases from investment and development to design, build, operate
and service of the facilities. Skanska Infrastructure Development's portfolio
includes 16 projects with an investment totalling SEK 2.4 billion in 2006. The
unit is active in the Nordic Region, in the UK, in North America, Latin America
and in Central and East Europe.  



For further information please contact:

Anders Lilja, Senior Vice President, Investor Relations, Skanska AB, 
tel +46 8 753 88 01 
Peter Gimbe, Press Officer, Skanska AB, tel: +46 8 753 88 38. 
Direct line for media: tel: +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 SEK 126 billion.