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Skanska secures largest phase of the city tunnel link in Gothenburg - order is valued at more than SEK 800 M

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Skanska secures largest phase of the city tunnel link in Gothenburg - order is valued at more than SEK 800 M Skanska has secured a contract to construct the largest phase of the Götaleden road system, the new underground traffic route in Gothenburg. The contract amounts to more than SEK 800 M, approximately USD 80 M. The customer is the Western Region of the Swedish National Road Administration. Skanska's order is the Road Administration's largest single purchase order ever. The assignment is for a tunnel under the Rosenlund Canal close to Järntorget square in central Gothenburg. Skanska's project comprises a total stretch of approximately 500 meters, of which 380 meters will be a concrete tunnel and 40 meters will be rock tunnel, as well as troughs and approaches. The Götaleden road system, which is part of national route 45, is one of Sweden's most densely trafficked roads. The new underground road will create open areas and increased access between the central districts of Gothenburg and the Göta River. The Götaleden road system project, which is part of the Gothenburg agreement, will have a total length of 3,000 meters. "In order to find good technical solutions and ensure production methods for the design-construct contract, we have organized close cooperation that combines expertise from Skanska Road Construction, Skanska Underground Construction and Bridges, and Skanska Teknik," says Leif Gustavsson, District Manager at Skanska Road Construction. Work at the site will commence in the summer and the tunnel is scheduled to open to traffic on October 1, 2005. For further information please contact: Leif Gustavsson, District Manager, Skanska Road Construction, Tel +46 31 701 55 42 or +46 70 540 00 21 Hans Ericsson, District Manager, Skanska Underground Construction and Bridges Division, Tel +46 31 771 1432 or +46 70 658 5802 This and previous releases can also be found at www.skanska.com ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2001/05/16/20010516BIT00150/bit0001.doc http://www.bit.se/bitonline/2001/05/16/20010516BIT00150/bit0002.pdf

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