Skanska invests SEK 470 M in office property in Stockholm, Sweden

Skanska invests SEK 470 M in the office property Stockholm Seaside in Stockholm,
Sweden. The construction contract for Skanska Sweden is worth SEK 275 M, which
will be included in order bookings for he third quarter 2014.
The new office building is the first building in the Stockholm New district in
Hammarby Sjöstad in southern Stockholm. The building offers a total area of
14,000 square meters just a few minutes from central Stockholm. The house is
equipped with terraces and glass facade to take advantage of the view and the
unique location right on the canal.

Work has started and is estimated to be completed by the end of 2016.

Skanska Commercial Development Nordic initiates and develops property projects
in offices, logistics, business premises and commercial buildings. The company’s
operations are concentrated in the three metropolitan regions in Sweden, the
Copenhagen region in Denmark, the Oslo region in Norway, as well as Helsinki in
Finland. The development of logistics and volume retail properties is conducted
in strategic locations in Sweden, Denmark and Finland.
For further information please contact:

Billy Forsell, Leasing Manager, Skanska Fastigheter Stockholm AB, tel +46 (0)10
-448 02 93

Edvard Lind, Head of Media Relations, 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
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
premises, and public-private partnership projects. Based on its global green
experience, Skanska aims to be the client’s first choice for green solutions.
The group currently has 57,000 employees in selected home markets in Europe, the
US and Latin America. Skanska's sales in 2013 totaled SEK 136 billion.