Skanska builds shopping centre in Pori, Finland, for EUR 110 M, about SEK 960 M

Skanska has signed a contract for building the Puuvilla Shopping Centre in Pori, Finland. The clients are property investment company Renor Oy and Ilmarinen Mutual Pension Insurance Company. The contract is worth EUR 110 M, about SEK 960 M, which will be included in order bookings for Skanska Finland for the fourth quarter 2012.

Puuvilla Shopping Centre will be among the ten biggest shopping centres in Finland. There will be approximately 43,000 square meters of commercial area to rent. The aim is to provide energy with low emissions, and geoenergy is used for heating and cooling the building. The building aims to achieve LEED Gold certification.

Construction will start immediately and is planned to be completed during the fall 2014. Construction will employ up to 300 workers.

Skanska’s operations in Finland cover construction services, residential and commercial project development and public-private partnerships. Construction services include building construction, building services, and civil and environmental construction. In Estonia Skanska’s activities comprise construction services and residential development. The combined sales for Skanska’s Finnish and Estonian operations in 2011 were EUR 1 billion and the company employed about 3,360 people.

For further information, please contact:

Jari Pölönen, Regional manager, Skanska Talonrakennus Oy, tel +358 400 787 376

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.

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.

About Us

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 38,000 employees. Skanska's sales in 2018 totaled SEK 170 billion.

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