Skanska awarded construction contract for shopping center in Helsinki, Finland, for SEK 500 M

Skanska awarded construction contract for shopping center in Helsinki,
Finland, for SEK 500 M

Skanska has been awarded the construction contract for the third phase
of Kannelmäki Shopping Center in Helsinki, Finland. The contract value
is EUR 55 M, about SEK 500 M, which will be included in order bookings
for the third quarter. Customer is Helsinki Cooperative Society Elanto
(HOK-Elanto).

Kannelmäki Shopping Center, which will become one of the largest
shopping centers in Finland, will have a floor space of 101 000 square
meters. The third phase of the project comprises 45 000 square meters.
Work begins in August and is scheduled for completion in the fall of
2013. Skanska have also been responsible for the earlier phases of the
project.

Skanska Finland is one of the leading construction companies in Finland
and Estonia. The company is active in building construction, residential
and commercial premises, as well as civil engineering projects. The
combined sales for Skanska's Finnish and Estonian operations in 2010
were SEK 6.9 billion and the company employed about 2 800 people. In
Finland, Skanska is also active within development of residential,
office and PPP projects.

For further information, please contact:
Tuomas Särkilahti, Executive Vice President, Skanska Finland, tel. +358
20 719 4225 
Edvard Lind, Group Press Officer, Skanska AB, Tel: +46 (0)10-448 88 08
Direct line for media: +46 10 448 88 99

This and previous releases can also be found at
www.skanska.com (http://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 52,000
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 2010 totalled SEK 122 billion.