Skanska starts second phase of Grunwaldzki Center office project in Wroclaw

Skanska starts second phase of Grunwaldzki Center office project in Wroclaw

Skanska is now developing and constructing the second phase of Grunwaldzki
Center, an office project in the center of Wroclaw in southern Poland.

The project will comprise a total of about 27,000 square meters of leasable
floor space, of which approximately 16,000 square meters in the second stage.
The total investment for the second stage amounts to EUR 36.2 M, about SEK 335
M.

Earlier this year, the first stage of the project was started, which is
scheduled to be completed in the second quarter of 2008. The predominant tenants
are Credit Suisse and Amrest. The stage starting now is expected to be completed
during the first quarter of 2009. Similar to other Skanska projects, the
buildings are being developed with a focus on energy efficient solutions to
achieve environmental and cost benefits in the operation phase.

“Interest in Grunwaldzki Center has been very high. We have already achieved a
leasing level exceeding 50 percent. Therefore, we are optimistic about also
starting the second stage,” says Lars Vardheim, President of Skanska Commercial
Development Europe.

Skanska Commercial Development Europe initiates and develops office and
logistics property projects. Operations are focused on the metropolitan areas in
the Czech Republic, Hungary and Poland. 

Skanska Commercial Development Europe is divided into three regional companies:
Skanska Property Czech Republic, Skanska Property Hungary and Skanska Property
Poland


For further information please contact:

Lars Vardheim, President, Skanska Commercial Development Europe, 
tel +46 31 771 11 01 or +46 734 10 11 33
Peter Gimbe, Group 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

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.