Skanska secures railway project in Czech Republic for SEK 370 M

Skanska secures railway project in Czech Republic for SEK 370 M

Skanska has secured an assignment to rebuild a stretch of railway in the Czech
Republic. The total contract amounts to CZK 3.76 billion, about SEK 1.1 billion.
Skanska's share is 30%, corresponding to SEK 370 M, which is included in order
bookings for the fourth quarter.

The customer is the Czech railway authority, the Railway Infrastructure
Administration. 

The project involves a 40-kilometer stretch of railway between Planá and Cheb,
near the German border in the western Czech Republic. The railway is being
upgraded to permit traffic with high-speed trains. The project also includes
renovation of seven train stations along the stretch.

Skanska is part of a consortium with the local construction company SSŽ, which
has 50 percent, and Viamont DSP, with 20 percent.

Work will begin in January 2008 and be completed in December 2010.

Skanska Czech Republic, which is the largest construction company in the
country, had sales of about SEK 11 billion in 2006. The company has about 7,000
employees.


For further information please contact:

Ondrej Such, Press Officer, Skanska Czech Republic, 
tel +420 267 095 444
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

Skanska AB may be required to disclose the information provided herein pursuant
to the Securities Markets 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.