Notification of Annual Shareholders´ Meeting in Skanska AB

On March 4, 2011, Skanska AB will publish notification of its Annual Shareholders´ Meeting in Swedish newspapers. The Meeting will be held on April 5, 2011 at 4:00 p.m. at Cirkus, Stockholm, Sweden.

The notification includes the Nomination Committee’s proposal for the election of the Board of Directors at the Shareholders’ Meeting 2011. The Board currently comprises nine members elected by the Shareholders’ Meeting. Prior to the Board election, Finn Johnsson has declined re-election.

The Nomination Committee proposes re-election of Stuart Graham, Johan Karlström, Sverker Martin-Löf, Adrian Montague, Lars Pettersson, Josephine Rydberg-Dumont, Charlotte Strömberg and Matti Sundberg.

The Committee proposes new election of Fredrik Lundberg, CEO and President of L E Lundbergföretagen.

Furthermore, the Nomination Committee proposes re-election of Sverker Martin-Löf as Chairman of the Board.

During its work, the Nomination Committee also has discussed a possible position as Deputy Chairman of the Board. To prepare for future succession in the role of Chairman, the Committee recommends that the Board elect Stuart Graham as Deputy Chairman.

The Notification in full is attached to this press release.

For further information please contact:
Pontus Winqvist, Senior Vice President Investor Relations, Skanska AB, tel +46 10 448 88 51.
Edvard Lind, Group Press Officer, Skanska, tel +46 72 727 11 17.
Direct line for media: tel +46 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 52,000 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 2010 totaled SEK 122 billion.