Skanska's ownership in Exbud increases to 94%

Skanska's ownership in Exbud increases to 94% Skanska has today settled its second tender offer for all outstanding th shares in Exbud S.A. During the second tender, which ran from 25 May to th 26 June, the company received acceptances for a total of 2,849,722 shares representing 19% of the issued share capital of Exbud. As a result, Skanska's shareholding has increased to a total of 14,099,722 shares representing 94% of the issued share capital of Exbud. The total price for the shares acquired is PLN 615.7 M (USD 143.2 M). The acquisition of a controlling interest in Exbud is part of Skanska´s strategy to broaden the geographical market base in selected markets, including Central and Eastern Europe. In this context, Poland offers particular attraction, given the size of its growing economy and the potential for strong growth in the Polish construction market. For further information please contact: Anders C. Karlsson, President of Skanska Europe, tel +46 40 14 42 43 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/2000/06/30/20000630BIT01060/bit0001.doc http://www.bit.se/bitonline/2000/06/30/20000630BIT01060/bit0002.pdf