Skanska books additional order for ongoing project in New York City, USA, worth USD 57 M, about SEK 480 M

Skanska has booked an addtional order for its ongoing project with Economic Development Corporation (NYCEDC) to rebuild the Rockaway Beach boardwalk in New York City, USA. Skanska will include this latest incremental installment, USD 57 M, about SEK 480 M, in order bookings for Skanska USA Building for the first quarter of 2015.

Skanska is rebuilding nearly 8 kilometers of the Rockaway Beach boardwalk, which was damaged during Hurricane Sandy in October 2012. NYCEDC is managing the project on behalf of New York City Department of Parks & Recreation.

Construction is underway and substantial completion is expected in spring 2017.

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 North America, which develops public-private partnerships; and Skanska USA Commercial Development, which develops commercial projects in select U.S. markets. Headquartered in New York, Skanska USA has more than 9,600 employees and its 2014 revenues were SEK 43.5 billion.

For further information, please contact:

Beth Miller, Communications Director, Skanska USA, tel: +1 917 438 4523

Edvard Lind, Head of Media Relations, 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 premises, and public-private partnerships projects. Based on its global green experience, Skanska aims to be the clients' first choice for Green solutions. The Group currently has 58,000 employees in selected home markets in Europe and North America. Skanska's sales in 2014 totalled SEK 145 billion.