Skanska signs additional contract for mixed-use project in Nashville, USA, for USD 59 M, about SEK 534 M

Skanska has signed an additional contract with OM-SE for the mixed-use development Fifth + Broadway in Nashville, USA. The contract is worth USD 59 M, about SEK 534 M, which will be included in the US order bookings for the third quarter 2018.

The initial contract was announced in March 2018.

Construction began in 2017 and is slated for completion in May 2020.

Skanska is one of the leading construction and development companies in the USA, specializing in building construction, civil infrastructure, public-private partnerships and commercial property developments in select US markets. Skanska USA had sales of SEK 59 billion in 2017 and has approximately 9,500 employees.

For further information, please contact:

Beth Miller, Vice President Communications, Skanska USA, tel: +1 917 438 4523

Patric Elmén, Acting Head of Media Relations, Skanska AB, tel: +46 (0)10-449 31 34

Direct line for media tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com.

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.