Skanska to build bus depot in Stockholm, Sweden, for SEK 1.25 billion

Skanska has signed an agreement with the Greater Stockholm Public Transport Company Limited, SL, to build a new bus depot in Stockholm. The contract amount is SEK 1.25 billion, which is included in order bookings for the second quarter of 2012.

The bus depot will have capacity for 120 buses, as well as adjacent workshops, bus-washing facilities, a garage and offices. The building will have approximately 50,000 square meters of space and the office portion will be a maximum of seven levels. The local plan is now approved and the construction is scheduled to commence in the summer, with completion planned for the end of 2016. The project will employ approximately 200 people.

Sustainability will be in focus during construction, with respect to material selection and technical solutions. The building will partly receive its energy supply from solar panels on the outer wall and stonecrops will be planted on the roof. The buses that will park in the depot will operate exclusively on biogas.

Skanska Sweden is one of Sweden’s largest construction companies, with operations in building and civil-engineering construction. The business unit has approximately 10,000 employees and revenue in 2011 amounted to approximately SEK 27 billion. In Sweden, Skanska is also active in the development of residential construction and commercial premises.

For further information, please contact:

Lars Jonson, Vice President, Skanska Sverige AB, tel: +46 (0)10-448 16 71

Edvard Lind, Group Press Officer, Skanska AB, tel: +46 (0)10-448 80 08

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.

For 125 years, Skanska has been a modern and innovative project-developing and construction company, building what was required by society. Today, Skanska is one of the world’s leading project development and construction companies with expertise in construction, development of commercial premises, 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 53,000 employees in selected home markets in Europe, the US and Latin America. Skanska's sales in 2011 totaled SEK 123 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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