Skanska announce order cancellation in USA Building for a total of USD 54 M, about SEK 440 M

Skanska announces that Louisiana State University (LSU) in Baton Rouge, Louisiana, has cancelled the order of constructing the Patrick F. Taylor Hall building worth about USD 54 M, about SEK 440 M. The cancellation will reduce the order bookings for Skanska USA Building in the first quarter 2015.

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 North America, which develops public-private partnerships; and Skanska USA Commercial Development, which develops commercial projects in select U.S. markets. Headquartered in New York, Skanska USA has more than 9,600 employees and its 2013 revenues were SEK 43.5 billion.

For further information please contact:

Pamela Monastra, Skanska USA, tel: +1 404 946 7533

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

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 premises, and public-private partnership projects. Based on its global green experience, Skanska aims to be the client’s first choice for green solutions. The group currently has 58,000 employees in selected home markets in Europe and the US. Skanska's sales in 2014 totaled SEK 145 billion.

About Us

Skanska is one of the world’s leading project development and construction groups with expertise in construction, development of commercial and residential premises, and public-private partnerships projects. Based on its global green experience, Skanska aims to be the clients' first choice for Green solutions. The Group currently has 41,000 employees in selected home markets in Europe and North America. Skanska's sales in 2016 totaled SEK 151 billion.

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