Skanska to build bypass in Sweden for SEK 312 M

Skanska to build bypass in Sweden for SEK 312 M

Skanska has received an assignment to build a new bypass around Katrineholm in
Södermanland. The total contract is valued at SEK 312 M, which will be included
in order bookings for the second quarter. The customer is the Swedish Transport
Administration.

The contract includes design and construction of a 14-kilometer divided highway
with 12 bridges. The longest bridges will be 300 and 100 meters, respectively.

Pre-engineering will take place in cooperation with the Swedish Transport
Administration, with Skanska leading the engineering of the bridges and the
Transport Administration the engineering of the roads. The project will be
conducted as a partnership contract.

Engineering work will begin in May, construction in September and the project
will be completed in December 2012.

Skanska is one of Sweden's largest construction companies, with operations in
building and civil engineering construction as well as development of
residential and commercial projects. In Sweden, the company has about 10,000
employees and revenue relating to construction operations amounted to about SEK
25 billion in 2009. The Residential Development unit sold about 1,000 new homes
in 2009. Skanska is also active in the development of public-private partnership
projects, PPP.


For further information, please contact:
Mats Lindahl, Project Manager, Skanska Sweden, tel: +46 10 448 213 
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. Based on its global green experience,
Skanska aims to be the clients' first choice for green solutions. The Group
currently has 53,000 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 2009 totaled SEK 137 billion.