Conversion of shares in Skanska AB

Conversion of shares in Skanska AB

In conjunction with a conversion of shares, the company is obliged,
according to the Financial Instruments Trading Act (1991:980), to
disclose information concerning the change.

During October 2010, 20,640 Series A shares were converted to Series B
shares at the request of shareholders. Accordingly, the total number of
votes in the company is 603,456,011.
The total number of registered shares in the company amounts to
423,053,072, of which 20,044,771 are Series A shares, 399,368,301 are
Series B shares and 3,640,000 are Series D shares.
For further information, please contact:
Pontus Winqvist, Senior Vice President Investor Relations,
Skanska AB, tel +46 10 448 88 51
This and previous releases can also be found at
www.skanska.com (http://www.skanska.com/)  
The information is such that Skanska AB is obligated to publish in
accordance with the Swedish 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 the Group's global environmental know-how, Skanska aims to
become customers' first choice in terms of Green projects. The Group
currently has 49,000 employees in selected home markets in Europe, the
US and Latin America. Skanska's sales for 2009 totaled SEK 137 billion.