Losses in the U.S. operations

Losses in the U.S. operations impact Skanska’s operating income by SEK 630 M in
the third quarter 2015. For the full year 2015 the operating income for the
Skanska Group is expected to be in the range of SEK 5.5 – 6.0 billion.
Skanska takes a charge of SEK 630 M in its U.S. operations in the third quarter
of 2015. The charge is related to write downs of about SEK 470 M in the USA
Civil operations and about SEK 160 M in the USA Building operations. The
majority of the write downs are in six projects and the main reasons are design
changes by the client and lower than anticipated productivity. Skanska's policy
is to account for the total estimated cost to complete but not account for any
revenue from change orders or other cost escalations until a commercial
agreement has been reached with the client.

After the charge, the operating income for the third quarter of 2015 is expected
to be about 900 M for the Skanska Group. For the full year 2015 the operating
income for the Skanska Group is expected to be in the range of SEK 5.5 – 6.0
billion.

A telephone conference will be held at 9:00 am (CET), today Wednesday October
14. During the conference call, Skanska´s President and CEO Johan Karlström and
CFO Peter Wallin will briefly describe the situation and respond to questions.

To participate in the telephone conference, with the possibility to ask
questions, please dial +46 8-505 564 74, or +44 20 3364 5374, or +1 855 753
2230.

All other information related to the third quarter 2015, will be presented in
Skanska’s Nine Month Report on October 28, 2015.
For further information please contact:

Magnus Persson, Senior Vice President Investor Relations, Skanska AB, tel +46 10
448 64 29

Katarina Grönwall, Senior Vice President Communications, Skanska AB, tel +46 10
448 88 77

This and previous releases can also be found at www.skanska.com/media/press
-releases
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 its global green experience,
Skanska aims to be the clients' first choice for Green solutions. The Group
currently has 60,000 employees in selected home markets in Europe and in the US.
Skanska's sales in 2014 totaled SEK 145 billion.