Disclosure release Skanska sells its JM shareholding

Disclosure release Skanska sells its JM shareholding Skanska today sold all of its 7,560,100 B shares in JM AB (JM) to a large number of Swedish and foreign institutions. Prior to the sale, Skanska's holding amounted to 8,810,100 shares, of which 1,250,000 Series A shares, corresponding to a 26.5% of the share capital and 45.1% of the votes. After the sale, Skanska's ownership will temporarily amount to 3.8% of the capital and 28.1% of the votes. Skanska has also borrowed and then sold B shares (1 vote per share) corresponding to the holding of A shares (10 votes per share). Skanska intends to request conversion of the A shares to B shares. For further information please contact: Peter Wallin, Head of Investor Relations, Skanska AB, Tel +46 8 753 88 86 This and previous releases can also be found at www.skanska.com ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/10/27/20001027BIT00510/bit0001.doc http://www.bit.se/bitonline/2000/10/27/20001027BIT00510/bit0002.pdf