Skanska to build hospital in Tennessee for USD 75 M, about SEK 460 M

Skanska to build hospital in Tennessee for USD 75 M, about SEK 460 M

Skanska has been awarded the construction management assignment for a new
hospital in Johnson City, Tennessee. The contract amount is USD 75 M, about SEK
460 M, which is included in order bookings for the third quarter. The customer
is Franklin Woods Community Hospital.

The project comprises 23,200 square meters and will among other things include
80 beds, a 22-bay emergency department, five operating rooms and radiology
services.

Ambitions are high for environmental and energy performance and the project team
has a goal of getting the hospital a Silver LEED ® (Leadership in Energy and
Environmental Design) certification. 

Construction work has commenced, with completion scheduled for June 2010.

Skanska is a leader in the US healthcare sector. The total contract amount of
the company's ongoing hospital projects exceeds USD 5 billion. So far this year
new hospital contracts have also been received in Virginia, California, Ohio and
in Memphis, Tennessee.

Skanska USA Building is a leading U.S. provider of construction, general
contracting, design  and design-build services. The company also provides
pharmaceutical validation services to clients. Customers represent a broad
spectrum of American industries, including the pharmaceutical, healthcare,
educational, electronics, infrastructure, sports and entertainment industries.
The company is based in Parsippany, New Jersey and has approximately 4,000
employees. Revenues totaled approximately SEK 27 billion in 2007.


For further information please contact:

Tom Crane, Senior Vice President Communications, 
Skanska USA Building, tel +1 973 753 3450 
Peter Gimbe, 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 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.