Kenneth Nilsson appointed new Business Unit President of Skanska Finland

Kenneth Nilsson appointed new Business Unit President of Skanska Finland

Kenneth Nilsson has been appointed new Business Unit President of
Skanska Finland. He will assume his position on November 1 and will be
stationed in Helsinki.

Kenneth Nilsson is today working as Executive Vice President Civil at
Skanska Sweden. He has been in the company for 25 years out of which
nine as Executive Vice President Civil. Kenneth Nilsson has extensive
experience from working with a broad variety of construction operations.

“Kenneth Nilsson has a solid track record of profitable operations and
of leading large organizations. His skills will be particularly valuable
when Skanska Finland increases focus on growing the civil operations,
with among other things the recent acquisition of the civil construction
company Soraset Yhtiöt”, says Johan Karlström, President and CEO of
Skanska AB.

Kenneth Nilsson succeeds Juha Hetemäki who has been the Business Unit
President of Skanska Finland for the last 7 years.

“Juha Hetemäki is a well respected and appreciated leader who has been
instrumental in developing Skanska Finland to one of the leading actors
in the Finnish and Estonian markets. He has also been very committed to
cross-border collaboration and I look forward to continue working
together with Juha in Skanska”, says Johan Karlström.

Kenneth Nilsson will be succeeded by Patrik Larsson, today Regional
Manager Civil at Skanska Sweden. 

For further information, please contact:
Edvard Lind, Group Press Officer, Skanska AB, Tel: +46 (0)10-448 88 08
Direct line for media: +46 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.