Skanska to build highway in Czech Republic for CZK 1 billion, about SEK 365 M

Skanska to build highway in Czech Republic for CZK 1 billion, about SEK 365 M

Skanska has secured a contract to build a stretch of highway in the Czech
Republic. Skanska's contract amount totals CZK 1 billion, about SEK 365 M, which
is included in order bookings for the first quarter. The customer is the Czech
national highway administration. The project is being financed through the
national Czech infrastructure fund.


The contract involves an approximately 6-kilometer stretch of four-lane highway
on the D47 route from Bohumin in the eastern Czech Republic to the Polish
border. When this section is completed in 2011, the highway is fully built out
between Ostrava and the Polish border, where the D47 will link with the A1
highway in Poland. Skanska has previously built many stages of the D47.

The assignment includes 21 bridges, of which the longest is the 175-meter span
over the Olse River. Work begins immediately and the road is planned for
completion in 2011.

The project is being carried out in a consortium in which Skanska holds 34
percent, ODS Dopravni 35 percent, ALPINE CZ 19 percent and OHL Zs 12 percent of
the total contract amount of CZK 3 billion.

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 60,000 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
2007 totaled SEK 139 billion.