Skanska to build hospital in Michigan for USD 56 M, SEK 340 M

Skanska to build hospital in Michigan for USD 56 M, SEK 340 M

Skanska has been awarded the construction management and design-build contract
for the William Beaumont Hospital project in Troy, Michigan. The contract amount
for Skanska is USD 56 M, SEK 340 M, and will be included in order bookings for
the third quarter. The customer is William Beaumont Hospital.

The project is executed in a joint venture with Barton Malow, where Skanska's
stake is 51 percent. It broke ground in June 2007 and is scheduled for
completion in October 2010. Earlier work has already been included in Skanska's
order bookings.

The multi-phased project comprises 51,800 square meters, including a 20,700
square meter emergency center and critical care tower. It also includes a
three-story ambulatory care center, a vertical expansion of the West Tower,
loading dock and powerhouse expansion, a 500 square meter addition, and a
connector bridge linking the existing main campus to the new ambulatory center
on the hospital's east campus.

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 Communication, 
Skanska USA Building, tel +1 973 753 3450 
Peter Gimbe, Press Officer, Skanska AB, tel +46 8 753 88 38. 
Direct line for media: 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.