Steve Sams appointed new President for Skanska Infrastructure Development

Steve Sams appointed new President for Skanska Infrastructure
Development

Steve Sams has been appointed new President for Skanska Infrastructure
Development (Skanska ID), the business unit within Skanska that are
investing in and developing infrastructure projects through
Public-Private Partnerships (PPP).

On April 1, Steve Sams will succeed the current President Anders Årling.
Steve Sams has been Executive Vice President in Skanska ID since 2006,
of which the last year as Head of Europe. Before joining Skanska, he has
extensive experience in other leading positions within the PPP sector.
He will be dividing his time between Skanska ID's offices around the
world. 

“Our strategic focus on PPP, Public-Private Partnerships, remains firm.
We see great opportunities for future expansion within PPP and we notice
an increasing interest in several markets. Steve has the right
background and experience to further develop this business,” says Johan
Karlström, Skanska's President and CEO.

After 13 years in Skanska, Anders Årling has decided to seek new
opportunities outside Skanska. He has held several different leading
positions such as President of Skanska Financial Services for six years,
and spent the past three years as President of Skanska Infrastructure
Development.

“Anders has had a vital role in developing Skanska's financial
operations into a modern service that provides strong support for
businesses. During his time, PPP operations have developed considerably
well, and that has created substantial value for Skanska. We wish him
success with the new challenges he is now taking on,” says Johan
Karlström.

Skanska Infrastructure Development is a leader in the global Public
Private Partnerships (PPP) market. The business unit invests in,
develops and operates roads, hospitals, schools, power plants and other
social infrastructure in partnership with the public sector.

For further information please contact:
Steve Sams, forthcoming President, Skanska Infrastructure Development,
tel +44 20 74 29 42 00.
Peter Gimbe, Group Press Officer, Skanska, tel +46 (0)10 448 88 38.
Direct line for media, tel: +46 (0)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 52,000
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 2010 totaled SEK 122 billion.