Skanska to build hospital in New Jersey for USD 134 M, about SEK 1.2 billion

Skanska to build hospital in New Jersey for USD 134 M, about SEK 1.2 billion

Skanska has been awarded the contract to construct a hospital in Hopewell, New
Jersey. The contract amounts to about USD 134 M, approximately SEK 1.2 billion,
which is included in order bookings for the first quarter. The customer is
Capital Health. 

Skanska is also responsible for pre-construction planning and services.
Accordingly, USD 90 M, about SEK 800 M, was included in order bookings last year
at the rate and in the quarter in which the pre-construction services were
provided. 

The client's plans include additional expansion for USD 117 M, approximately SEK
1 billion, for which Skanska has been contracted. The remaining phases will be
included in order bookings when the funding is in place. 

The construction project involves about 90,000 square meters in two buildings
linked at the floor level with a public atrium and lobby area. The hospital
section will contain space for 237 beds making up two thirds of the project,
with the remainder administration premises. 

The new hospital in Hopewell is expected to be complete in October 2011 and
replace the 112-year-old Mercer Hospital in Trenton, New Jersey.

Skanska USA Building Inc. is a leading national and local provider of
construction, pre-construction consulting, general contracting and design-build
services. The company also provides validation services to clients in the
pharmaceutical industry.  Clients represent a broad range of U.S. industries
including science and technology, healthcare, education, high-tech, aviation,
transportation and sports and entertainment. The business  unit is headquartered
in Parsippany, New Jersey and has approximately 4,700 employees. Sales in 2008
amounted to about SEK 30.3 billion.


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 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.