Ann-Marie Hedbeck new Senior Vice President of Legal Affairs at Skanska

Ann-Marie Hedbeck has been appointed the new Senior Vice President of Legal Affairs at Skanska AB, effective June 1, 2012. Ann-Marie Hedbeck is currently the General Counsel at Skanska Sweden.

She has worked at Skanska as a company lawyer since 2000 and served as General Counsel at Skanska Sweden for the past two years. From April 1, 2012, Ann-Marie Hedbeck will work in parallel with the current Senior Vice President of Legal Affairs, Einar Lundgren, who will take contractual retirement from June 1, 2012.

"Ann-Marie Hedbeck has solid experience, is well-acquainted with our business operations and enjoys an excellent reputation in the organization. As a result of her good leadership skills, team spirit, values and energy, Ann-Marie will be a major asset in the continued development of Skanska," says Johan Karlström, Skanska’s President and CEO.

Ann-Marie Hedbeck will succeed Einar Lundgren, who has worked at Skanska for 19 years, the last 17 as the Senior Vice President of Legal Affairs at Skanska AB.

"I would like to extend my sincere gratitude to Einar Lundgren. During his years at Skanska, he has been an invaluable asset to both the Board and the Group with his professionalism and reliability. Einar Lundgren has also had a key role in developing our work with ethics at Skanska and the entire construction industry," says Johan Karlström, President and CEO of Skanska.

For further information, please contact:

Katarina Grönwall, Senior Vice President, Communications, Skanska AB, tel: +46 (0)10-448 88 77.

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 53,000 employees in selected home markets in Europe, in the US and Latin America. Headquartered in Stockholm, Sweden and listed on the Stockholm Stock Exchange, Skanska's sales in 2011 totaled SEK 123 billion.