Skanska to build rental and student apartments in Stockholm, Sweden, for SEK 450 M

Skanska has signed a contract with AB Stockholmshem to build ten buildings with
rental apartments and two with student apartments in Stockholm, Sweden. The
contract is worth about SEK 450 M, which is included in order bookings for
Skanska Sweden for the fourth quarter of 2014.
The agreement is an option included in the contract for the adjacent block
Golvläggaren, where Skanska builds apartment buildings for Stockholmshem.

The new project will contain a total of 185 rental apartments and 172 student
apartments with a total gross area of 18,200 square meters. The contract also
includes construction of two parking garages.

Construction work starts in March 2015 and the project will be completed by the
summer 2019.

Skanska Sweden is one of Sweden’s largest construction companies, with
operations in building and civil-engineering construction. The business unit has
approximately 11,000 employees and revenue in 2013 amounted to approximately SEK
30 billion. In Sweden, Skanska is also active in the development of residential
construction and commercial premises.
For further information please contact:

Fredrik Bele, Regional Manager, Skanska Sverige, tel +46 (0)10-448 26 99

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 and
the US. Skanska's sales in 2013 totaled SEK 136 billion.