Skanska obtains construction project for U.S. Army worth USD 36 M, or SEK 336 M

Skanska obtains construction project for U.S. Army worth USD 36 M, or SEK 336 M Skanska's U.S. subsidiary Baugh Skanska has obtained the contract for the expansion of the U.S. Army base at Fort Lewis, Washington in the U.S. The contract is valued at USD 36 M - approximately SEK 336 M. The customer is the U.S. Army Corps of Engineers in Seattle. The order has been included in order bookings for the second quarter of 2002. The project covers new construction of barracks and training facilities for 300 soldiers, a battalion headquarters building and a soldier community building. The two and three-story buildings have a total floor area of 17,500 square meters. The contract also includes new roadways and parking areas totaling 74,000 square meters and landscaping for a troop training area and a park-like area of lawns and plantings totaling approximately 800,000 square meters. Work is scheduled to start in the near future and to be completed within 660 days. Established in 1917 as a World War I training facility, Fort Lewis received its name from Captain Merriweather Lewis, the "Northwest Passage" explorer. Fort Lewis currently covers 94,000 acres, and supports the population of 20,000 soldiers, and 4,900 Department of Army civilians. It is considered to be a premier training facility and one of the largest Army bases in the U.S. Seattle-based Baugh Skanska, which has been part of Skanska since 2000, is one of the leading construction service companies in the Northwestern U.S. Baugh Skanska has a large number of repeat customers in the education, pharmaceutical and healthcare sectors, and in the aircraft and electronics industries as well as in the retail trade and food sectors. Baugh Skanska is in the Skanska USA Building Business Unit, which had sales of SEK 32 billion in 2001 and currently has an order backlog of SEK 40 billion. For further information please contact: Maureen Lally, Director Corporate Communications Skanska in the USA, tel +1 617-799-9759. Tor Krusell, Senior Vice President, Corporate Communications, Skanska AB, tel +46 70 543 87 47. This and previous releases can also be found at www.skanska.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/07/05/20020705BIT00070/wkr0001.doc http://www.waymaker.net/bitonline/2002/07/05/20020705BIT00070/wkr0002.pdf

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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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