Report from Skanska Annual General Meeting

Report from Skanska Annual General Meeting Skanska's Annual General Meeting, held in Malmö, Sweden, on April 25, approved a dividend for 2001 of SEK 3.00 (SEK 3.38 in preceding year), in accordance with the Board's proposal. The record date is April 30, 2002. Claes Björk, Eliot R. Cutler, Per-Olof Eriksson, Roger Flanagan, Sören Gyll, Finn Johnsson, Sverker Martin-Löf and Arne Mårtensson were re- elected members of the Board. In conjunction with the Meeting, Bo Rydin resigned from the Board. Anders Nyrén, President of AB Industrivärden, was elected a member of the Board. In order to adjust the company's capital structure when needed, the Meeting authorized the Board to acquire Series B Skanska shares up to a maximum of 10 percent of the total number of shares in the company. The shares are to be purchased on the Stockholmsbörsen (Stockholm Exchange) during the period up to the next Annual General Meeting. The price paid for the shares may not exceed the registered interval of prices for Skanska shares at the time of each acquisition. For further information please contact: Peter Wallin, Senior Vice President, Investor Relations, Skanska AB, tel +46 70 953 88 86 Tor Krusell, Senior Vice President, Corporate Communications, Skanska AB, tel +46 70 543 87 47 This and previous releases can also be found at www.skanska.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/04/25/20020425BIT01730/wkr0001.doc http://www.waymaker.net/bitonline/2002/04/25/20020425BIT01730/wkr0002.pdf