Conversion of shares

Conversion of shares A number of holders of Series A shares in Skanska AB have filed notice that they desire to apply the new provisions in Skanska's Articles of Association to convert their shares to Series B shares. In total, this involves 7,196 A shares that shall be converted to Series B shares. Stockholm, January 12, 2000 Skanska AB Group Communication For additional information, contact: Staffan Schéle, Corporate Finance & Investor Relations, tel. 08-753 82 72 This and previous releases are also available on www.skanska.com ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/01/12/20000112BIT00190/bit0001.doc http://www.bit.se/bitonline/2000/01/12/20000112BIT00190/bit0002.pdf