Skanska to construct Legal Center in Malmö for approximately SEK 300 M

Skanska to construct Legal Center in Malmö for approximately SEK 300 M

Skanska has secured the contract to construct the Legal Center
(Rättscentrum) in Malmö. The customer is Vasakronan and the assignment
amounts to about SEK 300 M, which will be included in fourth-quarter
order bookings.

The project comprises a new building with 34,000 square meters of floor
space. Skanska will be responsible for additions to the existing
concrete structure and for the installation of fixtures and fittings.
The property comprises a new seven-story building in addition to a lower
building that will connect the new property to the existing police
headquarters. The building will house, among others, Skåne County
Police, the Swedish Prosecution Authority, the Swedish National Courts
Administration, the Swedish Economic Crime Authority and the Swedish
Prison and Probation Service.

Project planning will commence immediately. Construction work is
scheduled to commence in August 2011, with completion set for autumn
2012.

“We are proud that Vasakronan has chosen Skanska to construct the Legal
Center in Malmö. Skanska's experience from developing similar buildings
in Malmö and in other regions in Sweden will be of great benefit in this
significant project,” says Staffan Andersson, District Manager, Skanska
Sverige.

Skanska will implement the work according to the Green Workplace
concept, which is Skanska Sweden's own environmental label for
construction sites.

Skanska is one of Sweden's largest construction companies, with
operations in building and civil engineering construction as well as
development of residential and commercial projects. In Sweden, the
company has about 10,000 employees and revenue from construction
operations amounted to about SEK 25 billion in 2009. The Residential
Development unit sold about 1,000 new homes in 2009. Skanska also offers
services in Public Private Partnership projects, PPP.

For further information, please contact:
Staffan Andersson, District Manager, Skanska Sverige, tel +46 (0)10-448
32 45.
Carl-Johan Gustavsson, Project Manager, Vasakronan, tel +46 (0)40-691 71
70.
Peter Gimbe, Press Officer, Skanska AB, tel: +46 (0)10-448 88 38.
Direct line for media: +46 (0)10-448 88 99.

This and previous releases can also be found at
www.skanska.com (http://www.skanska.com/)

The information is such that Skanska AB is obligated to publish in
accordance with the Swedish 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 the Group's global environmental know-how, Skanska aims to
become customers' first choice in terms of Green projects. The Group
currently has 49,000 employees in selected home markets in Europe, the
US and Latin America. Skanska's sales for 2009 totaled SEK 137 billion.