Skanska awarded contract for new data and operations center in Pennsylvania for USD 63 M, about SEK 410 M

Skanska has secured a contract to provide construction management services for a new data and operations center for USD 63 M, about SEK 410 M, for a confidential client in Pennsylvania. The order will be included in the bookings for USA Building for the fourth quarter 2011.

The about 10,300 square meter, energy efficient facility will consolidate the state-of-the-art transmission control, distribution control, and data centers into one comprehensive location that will capitalize on the advantage of shared utilities. It will also provide high-level security and accommodate for future growth. An about 1,500 square meter equipment yard is included in the contract.

The project will be completed by the end of December 2012 and is expected to be ready for operation by July 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 development projects in select U.S. markets. Headquartered in New York, Skanska USA has approximately 7,400 employees and its 2010 revenues were SEK 34.3 billion.

For further information please contact:

Beth Miller, Communications Manager, Skanska USA, +1 (0)917-438-4523

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

Direct line for media: tel: +46 (0)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