Skanska secures railway assignment in Czech Republic worth SEK 835 M

Skanska secures railway assignment in Czech Republic worth SEK 835 M

Skanska has been commissioned to rebuild a section of railway in the Czech
Republic. Skanska's contract amounts to CZK 2.26 billion, approximately SEK 835
M, which will be included in orders booked during the second quarter.

The contract amounts to a total of CZK 5 billion, of which Skanska's share
accounts for 45 percent. Skanska is the lead company in a consortium that also
includes two local companies.

The client is the Czech Railway Infrastructure Administration. The project is
being financed with support from the state fund for transport infrastructure and
from the EU Cohesion Fund, the EU fund for infrastructure expansion.

The project pertains to a 30-kilometer section of railway that passes the towns
of Stříbro and Planá en route between Prague and the German border. The railway
is to be upgraded to permit express-train traffic. The assignment includes a new
bridge and the renovation of 44 bridges, three tunnels and platforms at seven
stations along the railway section.

Work will commence immediately and is scheduled to be completed in May 2011.

Skanska Czech Republic, the largest construction company in the Czech Republic,
had sales of approximately SEK 11 billion in 2007. The company has about 7,000
employees.



For further information please contact:

Ondrej Such, Press Officer, Skanska Czech Republic, 
tel +420 267 095 444
Peter Gimbe, Press Officer, Skanska AB, tel +46 8 753 88 38
Direct line for media: +46 8 753 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 construction groups with expertise in
construction, development of commercial and residential projects and
public-private partnerships. The Group currently has 60,000 employees in
selected home markets in Europe, in the US and Latin America. Headquartered in
Stockholm, Sweden and listed on the Stockholm Stock Exchange, Skanska's sales in
2007 totaled SEK 139 billion.