Update on Skanska Brasil


As previously announced authorities in Brazil have involved Skanska Brasil in
the investigations related to Petrobras in Brazil. In relation to these ongoing
matters, Skanska has been notified that the Federal Government in Brazil has
brought a civil lawsuit against seven companies, including Skanska Brasil, and
seven individuals unrelated to Skanska.
According to the lawsuit a joint venture partner of Skanska Brasil has colluded
with Petrobras directors and Skanska Brasil is notified of having participated
in, or benefited from, such acts.

The lawsuit is for damages and penalties on a joint and several liability basis
amongst the 14 defendants. At this stage it is not possible to determine if
Skanska Brasil is liable and if found liable it is not possible to determine the
amount of damages and penalties.

The federal government has filed a request that the lawsuit remains
confidential.

In July 2014, Skanska announced that it would wind down its operations in Latin
America to exit the market. As of March 3, 2016, Skanska has no remaining
operations in Latin America.
For further information please contact:

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 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 partnerships projects. Based on its global green
experience, Skanska aims to be the clients' first choice for Green solutions.
The Group currently has 43,100 employees in selected home markets in Europe and
North America. Skanska's sales in 2015 totalled SEK 155 billion.

Attachments

04157015.pdf