Skanska builds new schools in Silverdale, USA, for USD 78M, about SEK 630M

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Skanska has signed a contract with the Central Kitsap School District to build a new high school and middle school facility in Silverdale, Washington, USA. The contract is worth USD 78M, about SEK 630M, which will be included in the US order bookings for the first quarter 2018.

The new 30,000 square meter Central Kitsap High School and Middle School is designed to serve 2,100 students on the site of the existing school campus. The facility will feature flexible educational spaces with state-of-the-art technology. The existing middle school will be demolished with the exception of its gymnasium, which will be modernized and upgraded. The campus and its reconstructed fields will be made more accessible, providing opportunities for sports and other community events.

Construction is under way and will be completed in time for the 2019-20 school year.

Skanska is one of the leading construction and development companies in the USA, specializing in building construction, civil infrastructure, public-private partnerships and commercial property developments in select US markets. Skanska USA had sales of SEK 59 billion in 2017 and has approximately 9,500 employees.

For further information, please contact:

Jay Weisberger, Communications, Skanska USA, tel +1 206 494 5469

Andreas Joons, Press Officer, Skanska AB, tel +46 (0)10 449 04 94

Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com

Skanska is one of the world’s leading construction and project development companies, focused on selected home markets in the Nordic region, Europe and USA. Supported by global trends in urbanization and demographics, and by being at the forefront in sustainability, Skanska offers competitive solutions for both simple and the most complex assignments, helping to build a sustainable future for customers and communities. The Group has about 40,000 employees. Skanska's sales in 2017 totaled SEK 161 billion.

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