Skanska to construct university buildings in New York for USD 92 M, approximately SEK 625 M

Skanska to construct university buildings in New York for USD 92 M,
approximately SEK 625 M

Skanska has secured an assignment to construct two laboratory buildings
at the City University of New York in Harlem, New York. The contract
amounts to USD 92 M, approximately SEK 625 M, which is included in order
bookings for the fourth quarter of 2010. The customer is the Dormitory
Authority of the State of New York.

The assignment involves a 44,000-square-meter research building with
laboratories, cafeteria and a 100-seat lecture hall, and also a
23,000-square-meter laboratory building for biology, chemistry and
physics.

Skanska USA Building has commenced work on the project, which is
scheduled for completion in the summer of 2014.
At City University of New York, Skanska has also recently completed two
buildings for teaching and research.

Skanska USA is one of the leading development and construction companies
in the country, consisting of four business units: Skanska USA Building,
which specializes in building construction; Skanska USA Civil,
specialized in civil infrastructure; Skanska Infrastructure Development,
which develops public-private partnerships; and Skanska Commercial
Development, which develops commercial development projects in select
U.S. markets. Headquartered in New York, Skanska USA has approximately
7,000 employees and its 2009 revenues were SEK 44 billion.

For further information please contact:
Elizabeth Miller, Director, Communications, Skanska USA, tel +1 917 656
5883
Peter Gimbe, Press Officer, Skanska AB, tel +46 10 448 88 38
Direct line for media: tel +46 10 448 88 99

This and previous releases can also be found at
www.skanska.com (http://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 projects and public-private partnerships.
Based on its global green experience, Skanska aims to be the clients'
first choice for Green solutions. The Group currently has 49,000
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 2009 totaled SEK 137 billion.