Skanska awarded contract in UK by BT worth GBP 76.5 M, about SEK 925 M

Skanska awarded contract in UK by BT worth GBP 76.5 M, about SEK 925 M

Skanska has been awarded a contract by BT's Openreach division for the recovery
of redundant underground cables from within the North and Scotland Regions of
the Openreach Network. The contract is valued at around a total of GBP 76.5 M,
about SEK 925 M, and GBP 25.5 M, about SEK 310 M, will be included in Skanska's
order bookings for the third quarter.

Work will commence in September 2008 and involves the extraction of 51,000
tonnes of cable over a three-year period.

This latest award reinforces Skanska's long term relationship with BT (British
Telecommunications plc) with whom the company has worked for over 18 years, most
recently undertaking term maintenance contracts under a framework agreement
covering the Thames Valley and Yorkshire & Humberside areas.

Skanska UK reported revenues of SEK 17.7 billion in 2007, with about 5,500
employees. The company is active in building and civil construction, utilities
and building services. Skanska is also a leader in the British program for
private public partnerships, PFI (Private Finance Initiative).
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For further information please contact:

Tanya Barnes, Head of Communications, Skanska UK,
tel +44 1923 423 905 
Karin Lepasoon, Senior Vice President Communications, Skanska AB,
tel +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.