Skanska acquires road construction company in Poland

Skanska Poland has today signed an agreement for 100 percent of the shares of the construction company PUDiZ with its subsidiary WMPD. PUDiZ Group is specialized in road construction and employs about 450 people. The revenue for 2010 was PLN 160 M, about SEK 350 M. The company is based in Olsztyn, in the Northeast of Poland.

“We are really pleased with this acquisition that helps Skanska enter a new geographical area of the Polish market. PUDiZ is a financially stable company with a full range of services for road projects that will enable us to strengthen our position as the general contractor for road construction in north-east Poland”, says Krzysztof Andrulewicz, President, Skanska Poland.

The acquisition has been approved by the competition authorities.

Skanska Poland, one of the largest construction companies inPoland, had sales of SEK 9 billion in 2010. The company has about 7,500 employees. Skanska Commercial Development and Skanska Infrastructure Development are also active inPoland.

For further information, please contact:

Małgorzata Dobosz, Communication Manager, SkanskaPoland, phone +48 22 561 30 66

Edvard Lind, Group Press Officer, Skanska AB, Tel: +46 (0)10-448 88 08

Direct line for media: +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.