Skanska wins construction contract in Indiana for USD 120 M, about SEK 820 M

Skanska wins construction contract in Indiana for USD 120 M, about SEK 820 M

Skanska has signed a contract worth USD 120 M, about SEK 820 M, to perform
construction services in Indiana. The order will be included in the order
bookings for Skanska USA Civil in the first quarter 2012.

The contract is the first for Industrial Contractors Skanska, a part of Skanska
USA Civil acquired and incorporated in the Skanska Group on January 1. The
project will provide all general construction services for maintenance and
capital projects at a manufacturing facility in Indiana, over the next three
years.

Work will commence in January 2012 with anticipated completion in December 2014.

Industrial Contractors Skanska has established a strong reputation in the
Midwest as a leading construction contractor and operates three separate
business streams: Power & Energy, Commercial & Light Industrial and Heavy
Industrial.

Skanska USA is one of the leading development and construction companies in the
country, consisting of four business units: Skanska USA Building, which
specializes in building construction; Skanska USA Civil, specialized in civil
infrastructure; Skanska Infrastructure Development, which develops
public-private partnerships; and Skanska Commercial Development, which develops
commercial development projects in select U.S. markets. Headquartered in New
York, Skanska USA has approximately 7,400 employees and its 2010 revenues were
SEK 34.3 billion.

For further information please contact:

Shelby Adams, Communications, Skanska USA, tel: +1 615 335 1243

Edvard Lind, Group Press Officer, Skanska AB, tel: +46 (0)10-448 88 08.

Direct line for media: tel: +46 (0)10-448 88 99.

This and previous releases can also be found at www.skanska.com