Skanska to build office in Norway, for NOK 340 M, about SEK 360 M

Skanska has signed a contract with Ferd Eiendom AS to build an office property of 19,000 square meters outside Oslo. The contract is worth NOK 340 million, about SEK 360 million, and will be included in the order bookings for Skanska Norway in the fourth quarter 2015.

The Asker Tek building will have BREEAM Very Good certification. Construction will begin in February 2016 and is expected to be completed by December 2017.

Skanska Norway focuses on construction and civil engineering operations. The unit has approximately 4,000 employees. In 2014, Skanska Norway reported revenue of SEK 13 billion. In Norway, Skanska is also active in development of residential, commercial properties and public private partnerships (PPP) projects.

For further information please contact:

Pål P Syse, Communications Director, Skanska Norway, tel +47 98 21 00 01

Andreas Joons, Press Officer, Skanska AB, tel +46 (0)10 449 04 94

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 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 60,000 employees in selected home markets in Europe and in the US. Skanska's sales in 2014 totaled SEK 145 billion.