Skanska to reconstruct the 11th Street Bridges and Interchanges in Washington D.C. for USD 182 M, about SEK 1.4 billion

Skanska to reconstruct the 11th Street Bridges and Interchanges in Washington
D.C. for USD 182 M, about SEK 1.4 billion

Skanska has been awarded a design/build contract for the reconstruction of the
11th Street Bridges and adjacent interchanges in Washington D.C. Skanska's share
of the USD 260 M contract amounts to USD 182 M, about SEK 1.4 billion. The
project is included in order bookings for the third quarter. The customer is the
District Department of Transportation. 

The contract includes construction of three major bridge crossings over the
Anacostia River. One crossing involves two separate bridge spans, each with
three lanes in one direction for regional traffic. The bridge crossing will link
the Southeast Freeway with Interstate 295/Anacostia Freeway. 

Another crossing will be a single bridge span with four lanes, two in each
direction and is intended for local traffic between the city sections on each
side of the Anacostia River, a few kilometers from central Washington.

The project also comprises two interchanges. On the west side of the river,
Skanska will construct a new connection to the Southeast Freeway and 11th
Street. On the east side, the existing interchange that connects local and
regional traffic of the Anacostia River will be reconstructed, with a lower
overall height and located further away from the adjacent neighborhood. 

Work has already begun and the project will be completed in May 2013.

The planning and execution of this type of project in which Skanska is
responsible for design and construction will be supported by Building
Information Modeling (BIM).

The project will be a joint-venture between Skanska and Facchina Construction
Company, with Skanska acting as the Managing Partner with a 70 percent share of
the contract.

Skanska USA Civil is focused on the construction of traffic infrastructure and
facilities for power, water and water treatment. The business unit has about
4,200 employees and operations in the eastern U.S., Colorado and California.
Skanska USA Civil's revenues amounted to about SEK 11.5 billion in 2008.


For further information please contact:

Karen Diemer, Communications Manager, Skanska USA Civil, 
tel +1 718 746 2785
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

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. The Group currently has 55,000
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 2008 totaled SEK 144 billion.