Skanska intends to use possibility to purchase own shares

Skanska intends to use possibility to purchase own shares The Board of Directors has decided to authorize the President to exercise the proposal approved by Skanska's Annual General Meeting regarding purchases of own B shares. The purpose of the purchase program is to adjust the company's capital structure. The decision means that the company can purchase its own B shares, in a maximum of not more than 10 percent of the number of shares outstanding in the company. The purchases will be made on the OM Stockholm Exchange during the time up to the next Annual General Meeting. At the time of purchase, the shares may be acquired at the prevailing market price with a deviation that may not exceed the registered price interval at any given time. For further information please contact: Anders Nyrén, Executive Vice President, Finance, Skanska AB, tel +46 8 75386 32 Peter Wallin, Head of Investor Relations, Skanska AB, tel +46 8 753 88 86 This and previous releases can also be found at www.skanska.com ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/05/03/20000503BIT00140/bit0001.doc http://www.bit.se/bitonline/2000/05/03/20000503BIT00140/bit0002.pdf