Skanska’s Board of Directors has resolved on the repurchase of shares

At the Board meeting on April 9, 2015, the Board resolved to exercise the Annual General Meeting’s authorization concerning the repurchase of shares on the following terms: on one or several occasions, but no longer than the Annual General Meeting in 2016, not more than 4,500,000 Skanska AB Series B shares may be acquired, the aim of which is to secure delivery of shares to participants in Skanska’s Employee Ownership Program, Seop (2014 – 2016).

Acquisition may only be made on Nasdaq Stockholm within the price interval prevailing at any given time, meaning the interval between the highest purchase price and the lowest selling price. On April 9, Skanska held 9,106,328 Series B shares in its own custody.

For further information please contact:

Magnus Persson, Senior Vice President Investor Relations, Skanska AB, tel +46 10-448 64 29

This and previous releases can also be found at www.skanska.com/media/press-releases

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.