Skanska builds Women and Children’s Health Building in Delaware, USA, for USD 178M, about SEK 1.5 billion

Skanska has signed a contract to build the new Women and Children’s Health Building for Christiana Care Health System in Newark, Delaware, USA. The contract is worth USD 178M, about SEK 1.5 billion, which will be included in the order bookings for Skanska USA Building in the third quarter 2016.

This 8-story, 36,000-square-meter expansion will include a replacement neonatal intensive-care unit, and the expansion of outpatient units, and lab, pharmacy and dietary clinical and logistical support services. The expansion also includes the expansion of a 4-level parking garage for patients and visitors, which Skanska was previously awarded.

Construction is underway and the project is slated for completion in January 2020.

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 USA Commercial Development, which develops commercial projects in select U.S. markets. Headquartered in New York, Skanska USA has more than 10,000 employees and its 2015 revenues were SEK 54.5 billion.

For further information, please contact:

Beth Miller, Communications, Skanska USA, tel +1 917 438 45 23

Edvard Lind, Head of Media Relations, 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

The information provided herein is such as Skanska AB is obligated to disclose pursuant to the EU market securities act (EU) no. 596/2014.

Skanska is one of the world’s leading construction and project development companies, focused on selected home markets in the Nordic region, other European countries and North America. Supported by global trends in urbanization and demographics, and by being at the forefront in sustainability, Skanska offers competitive solutions for both simple and the most complex assignments, helping to build a sustainable future for customers and communities. The Group currently has 43,100 employees in selected home markets in Europe and North America. Skanska's sales in 2015 totaled SEK 155 billion.

About Us

Skanska is one of the world’s leading construction and project development companies, focused on selected home markets in the Nordic region, Europe and USA. Supported by global trends in urbanization and demographics, and by being at the forefront in sustainability, Skanska offers competitive solutions for both simple and the most complex assignments, helping to build a sustainable future for customers and communities. The Group has about 40,000 employees. Skanska's sales in 2017 totaled SEK 161 billion.

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