Skanska sells landscaping company TMM Trädgård & Markmiljö AB to ISS

Skanska Sweden has sold its operations in TMM Trädgård & Markmiljö AB to ISS Facility Services. The sale will result in a capital gain of approximately SEK 55 M, which will be included in Skanska Sweden’s earnings in the third quarter of 2006. The sale is conditional upon approval from the competition authorities.

The Gothenburg-based company specializes in contract work and construction within land improvements, gardening and landscaping. The unit has approximately 120 employees and generates annual net sales of approximately SEK 160 M. The sale of TMM Trädgård & Markmiljö AB is part of Skanska’s strategic focus on its core operations. For further information please contact: Per-Lennart Berg, Deputy Press Officer, Skanska AB, tel +46 08 753 88 99