Skanska to construct school in Norway for about NOK 580M, about SEK 570M

Skanska has signed a contract with Sør-Trøndelag fylkeskommune to build the new
Heimdal school in Trondheim, Norway, The contract is worth NOK 580M, about SEK
570M, and will be included in order bookings for Skanska Norway for the first
quarter of 2016.
The school will be about 30,000 square meters and have room for 1,140 students.
The school will focus on culture and sports and among other things house a stage
with 350 seats in the audience and a sports arena with room for 2,500 people.

Construction work starts in March and shall be completed in time to school
starts in August 2018.

Skanska Norway focuses on construction and civil engineering operations. The
unit has approximately 4,000 employees. In 2015, Skanska Norway reported revenue
of SEK 12 billion. In Norway, Skanska is also active in development of
residential, commercial properties and public private partnerships (PPP)
projects.
For further information please contact:

Pål P Syse, Communications Director, Skanska Norway, tel +47 98 21 00 01

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 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 totaled SEK 155 billion.