Skanska builds extension of D1 highway in Slovakia for EUR 197M, about SEK 1.8 billion

Skanska has signed a contract with the National Highway Authority, NDS, in
Slovakia to build an extension of the D1 highway in eastern Slovakia. The
contract is worth EUR 197M, about SEK 1.8 billion, which will be included in the
order bookings for Skanska Czech Republic & Slovakia for the third quarter 2016.
The construction of the 14.4 kilometer section between Budimír and Bidovce,
including an additional 1.1 kilometer of express road (R2/R4), will be financed
by the European Regional Development Fund, OP Integrated Infrastructure 2014
-2020 and the state budget. The section includes a total of 23 bridges, four
overpasses and noise barriers. The longest bridge, over the Torysa River, will
be 542 meter long.

The expected construction commencement date is November this year and the
completion is scheduled for December 2019.

Skanska Czech Republic & Slovakia had revenues of about SEK 5.6 billion in 2015
and about 4,000 employees. In the region Skanska is also active in the
development of office buildings through Skanska Commercial Development Europe
and residential development through Skanska Residential Development Europe.
For further information, please contact:

Ondřej Svatoň, Communication and Marketing Director, Skanska Czech Republic &
Slovakia, tel: +420 737 256 304

Andreas Joons, Press Officer, Skanska AB, tel +46 (0)10-449 04 94

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

This and previous releases can also be found at www.skanska.com
The information provided herein is such as Skanska AB is obligated to disclose
pursuant to the EU market securities act (EU) no. 596/2014.

Skanska is one of the world’s leading construction and project development
companies, focused on selected home markets in the Nordic region, other European
countries and North America. Supported by global trends in urbanization and
demographics, and by being at the forefront in sustainability, Skanska offers
competitive solutions for both simple and the most complex assignments, helping
to build a sustainable future for customers and communities. The Group currently
has 43,100 employees in selected home markets in Europe and North America.
Skanska's sales in 2015 totaled SEK 155 billion.