Skanska to construct phase of Mälarbanan for about SEK 400M

Skanska and the Swedish Transport Administration have signed an agreement for
the expansion of Mälarbanan between Spånga and Barkarby, north of Stockholm. The
contract is worth about SEK 400 million and will be included in the order
bookings for Skanska Sweden for the first quarter of 2016.
The project is a turnkey contract covering the expansion of Mälarbanan from two
to four tracks on a three-kilometer section as well as a new platform. Commuter
trains will have two separate tracks, while other trains will pass freely on the
two outer tracks. When the entire expansion of Mälarbanan between Tomteboda and
Kallhäll is completed in 2025 it will be easier to take the train with more
departures to choose from and easier to arrive on time.

Construction start of preparatory work is planned for the summer 2016 and the
project is expected to be fully completed during 2019.

The expansion will employ approximately 65 people at Skanska, including 8 new
employees. Skanska has since 2012 carried out several assignments for the
Transport Administration in the project Mälarbanan, including two bridges and an
underground excavation.

Skanska Sweden is one of Sweden's largest project development and construction
companies, with operations in building and civil engineering as well as in
residential and commercial development. The unit has about 10 000 employees.
Revenues from construction operations amounted in 2015 to just over SEK 31
billion. Residential development sold about 2 200 new homes. Skanska also offers
services in public-private partnerships.
For further information please contact:

Mats Lindahl, Regional Manager, Skanska Sverige, tel: +46 (0)10-448 82 13

Andreas Joons, Press Officer, Skanska AB, tel +46 (0)10-449 04 94

Direct line for media, tel +46 (0)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. Based on its global green experience,
Skanska aims to be the clients' first choice for Green solutions. The Group
currently has 43,100 employees in selected home markets in Europe and in the US.
Skanska's sales in 2015 totaled SEK 155 billion.