Skanska to construct railway in Norway, for NOK 1.34 M, about SEK 1.5 billion

Skanska Norway has signed a contract with Jernbaneverket for construction of
nine kilometers of railway between Farriseidet, Larvik, to Telemark municipality
border, Norway. The contract is worth NOK 1.34 billion, about SEK 1.5 billion,
and will be included in the order bookings for Skanska Norway for the second
quarter 2013.
The project, UFP01 Vestfold, is the third of four enterprises in the extension
project Farriseidet-Porsgrunn and will be carried out as an internal cooperation
between Skanska Norway and Skanska Sweden.

Works are scheduled to commence in June 2013 and will be completed in August
2016.

Skanska Norway focuses on construction and civil engineering operations. The
unit has approximately 4,500 employees. In 2012, Skanska Norway reported revenue
of SEK 12.5 billion. In Norway, Skanska is also active in the development of
residential, commercial properties and public private partnerships (PPP)
projects.
For further information please contact:

Pål P Syse, Communications manager, Skanska Norway, tel +47 98 21 00 01

Edvard Lind, Press Officer, Skanska AB, tel +46 10 448 88 08

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 57,000 employees in selected home markets in Europe, in the US and
Latin America. Skanska's sales in 2012 totaled SEK 132 billion.