Skanska Awarded Construction Management Contract for Headquarters Building in USA for USD 55 M, about SEK 374 M

Skanska has signed a construction management contract with a confidential client to build a new headquarters building, located in the Northeast region of the USA. The contract value for Skanska is USD 55 M, about SEK 374 M, which will be included for order bookings for Skanska USA Building for the second quarter.

Skanska will construct the building’s core and shell to produce its overall structure envelope and building-level systems, including central heating, ventilation and air conditioning.

Construction has begun and is scheduled for completion during the summer 2013.

Skanska USA is one of the leading development and construction companies in the country, consisting of four business units: Skanska USA Building, which specializes in building construction; Skanska USA Civil, specialized in civil infrastructure; Skanska Infrastructure Development, which develops public-private partnerships; and Skanska Commercial Development, which develops commercial projects in select U.S. markets. Headquartered in New York, Skanska USA has approximately 9,400 employees and its 2011 revenues were SEK 31.3 billion.

For further information, please contact:
Beth Miller, Communications Manager, Skanska USA, tel +917 656 5883
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.

Throughout 125 years, Skanska has been a modern and innovative developer and contractor, building what society needs. Today, 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 53,000 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 2011 totaled SEK 123 billion.