Skanska to expand Texas A&M University for USD 49 M, about SEK 400 M

Skanska to expand Texas A&M University for USD 49 M, about SEK 400 M

Skanska has been awarded the construction management contract for the expansion
of Texas A&M University at College Station, north of Houston, Texas. The
contract is valued at USD 49 M, about SEK 400 M, which will be included in order
bookings for the second quarter. 

The assignment comprises a 15,000-square-meter building for the university's
agricultural headquarters and a new 1,200-square-meter visitors center. In
addition, Skanska will build a cistern canopy for rainwater collection, perform
site improvements and construct a parking area. 

The project will have a strong environmental profile and is seeking to obtain
LEED Silver environmental certification. 

On-site work will commence immediately, with completion scheduled for March
2011. 

With about 46,000 students, Texas A&M University is one of the largest and
highest ranked public universities in the US. 

Skanska USA Building 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 3,500 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 10 448 88 38
Direct line for media: tel +46 10 448 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 55,000
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.