Skanska to build a Kesko hypermarket in Finland for EUR 32.3 M, about SEK 300 M

Skanska to build a Kesko hypermarket in Finland for EUR 32.3 M, about SEK 300 M

Skanska has been contracted to build a hypermarket in Vantaa, in the Helsinki
Metropolitan area, Finland. The contract sum is EUR 32.3 M, approximately SEK
300 M, which will be included in order bookings for the third quarter. The
customer is the Finnish retail chain Kesko.

The K-citymarket will have the gross area of about 27,000 sq m, with a sales
area of about 13,000 sq m. The underground parking area will take about 400
cars. The K-citymarket will include a hypermarket and a number of special
stores. 

Construction begins this month and will be completed in October 2009.

During the past year Skanska has completed ten new retail projects or extensions
of retails centers in Finland.

Skanska Finland is one of the leading construction companies in Finland and
Estonia. The company is active in building construction, residential and
commercial premises, as well as civil engineering projects. The combined sales
for Skanska's Finnish and Estonian operations in 2007 were SEK 9.7 billion and
the company employed about 3,400 people. Skanska's operations in Finland also
cover residential and commercial project development and public-private
partnerships.

For further information please contact:

Peter Gimbe, Press Officer, Skanska AB, tel +46 8 753 88 38. 
Direct line for media: tel +46 8 753 88 99
Merja Vuoripuro, Communications Manager, Skanska Oy, 
tel +358 (0)9 6152 2426


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.