Skanska to build children's hospital in Memphis, Tennessee, for USD 146 M, about SEK 900 M

Skanska to build children's hospital in Memphis, Tennessee, for USD 146 M, about
SEK 900 M

Skanska has been awarded the construction management assignment for a children's
hospital in Memphis, Tennessee. The contract amount is USD 146 M, about SEK 900
M, which is included in order bookings for the second quarter. The customer is
Le Bonheur Children's Medical Center.

The project comprises an approximately 57,000-square-meter twelve-story
building. Construction is under way and is scheduled for completion in 2010.

The new children's hospital will include a number of pediatric specialties as
well as a cardiovascular care and neonatal intensive care units. The 225 patient
rooms are designed to accommodate two relatives. The hospital will also feature
a mini-movie theater and areas for play and schooling.

Founded in 1952, Le Bonheur Children's Medical Center is the Mid-South's first
and only comprehensive pediatric medical facility. Every year Le Bonheur treats
almost 140,000 children from 47 states and many countries. Le Bonheur is home to
one of the 10 busiest pediatric emergency departments in the US and hosts one of
the largest pediatric surgical brain tumor programs. Le Bonheur's investment for
this project totals USD 327 M.

Skanska is a leader in the US healthcare sector. The total contract amount of
the company's ongoing hospital projects exceeds USD 5 billion. In the current
quarter, new hospital contracts have also been received in Virginia, California
and Ohio.

Skanska USA Building is a leading U.S. provider of construction, general
contracting, design  and design-build services. The company also provides
pharmaceutical validation services to clients. Customers represent a broad
spectrum of American industries, including the pharmaceutical, healthcare,
educational, electronics, infrastructure, sports and entertainment industries.
The company is based in Parsippany, New Jersey and has approximately 4,000
employees. Revenues totaled approximately SEK 27 billion in 2007.


For further information please contact:

Tom Crane, Senior Vice President Communication, 
Skanska USA Building, tel +1 973 753 3450 
Karin Lepasoon, Senior Vice President Communications, Skanska AB, tel +46 70 513
65 99
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.