Skanska to construct highway in Czech Republic for about SEK 610 M, EUR 58 M

Skanska to construct highway in Czech Republic for about SEK 610 M, EUR 58 M

Skanska has been contracted to build a new stretch of the R7 highway in the
Czech Republic. Skanska's share of the contract amounts to about SEK 610 M,
which is included in order bookings for the first quarter of 2009. The customer
is the local road administration in Chumutov. The project is being financed
through the national fund for transport infrastructure.

The project is being carried out in a consortium lead by Skanska. The total
contract amount is EUR 80.7 M, of which Skanska's share is 71.5 percent, or EUR
58 M. The consortium includes Czech construction companies.

The contract is for an approximately seven-kilometer bypass at Chumutov,
northwest of Prague. The project encompasses new construction of the highway,
including bridges and interchanges with on- and off-ramps. The assignment also
involves wild game fencing and passages, noise abatement and landscaping. The
new bypass will reduce through traffic in Chumutov and neighboring small towns.

Work begins this year and is scheduled to be completed in September 2012.

Skanska Czech Republic, which is the largest construction company in the
country, had sales of about SEK 13 billion in 2008. The company has about 6,800
employees. In Czech Republic, also Skanska Commercial Development is active.


For further information please contact:
Jan Hrabovský, Responsible for PR, Skanska Czech Republic, 
tel +420 737 255 016
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 project development and construction
groups with expertise in construction, development of commercial and residential
projects and public-private partnerships. The Group currently has 56,000
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 2008 totaled SEK 144 billion.