Skanska awarded building contract for USD 170 M, about SEK 1.1 billion

Skanska awarded building contract for USD 170 M, about SEK 1.1 billion

Skanska has signed a contract worth USD 170 M, about SEK 1.1 billion, for a
confidential client. The order will be included in the order bookings for
Skanska USA Building in the fourth quarter 2011. The project is in the western
United States and work will begin immediately.

Skanska USA is one of the leading development and construction companies in the
country, consisting of four business units: Skanska USA Building, which
specializes in building construction; Skanska USA Civil, specialized in civil
infrastructure; Skanska Infrastructure Development, which develops
public-private partnerships; and Skanska Commercial Development, which develops
commercial development projects in select U.S. markets. Headquartered in New
York, Skanska USA has approximately 7,400 employees and its 2010 revenues were
SEK 34.3 billion.

For further information please contact:

Jay Weisberger, Director Communications, Skanska USA, tel: +1 206 494 5469

Edvard Lind, Group Press Officer, 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