Skanska sells SEK 2.4 billion worth of properties to Vasakronan and acquires half-ownership of Västerjärva, near Stockho

Skanska sells SEK 2.4 billion worth of properties to Vasakronan and acquires half-ownership of Västerjärva, near Stockholm In accordance with their earlier agreement in principle, Skanska is selling properties to the Swedish real estate company Vasakronan including the Lilla Bommen office complex in Gothenburg and the Kista Entré project in Stockholm for a price equivalent to SEK 2,415 M. At the same time, Skanska is acquiring half-ownership of a development company for future building rights in Västerjärva in the northern Stockholm region for SEK 300 M. Skanska's capital gain totals about SEK 1 billion. More information is available in Skanska's earlier press release on this agreement in principle, published on April 26, 2001. For further information please contact: Mats Wäppling, Executive Vice President, Skanska AB, Tel +46 8 753 88 00 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.bit.se/bitonline/2001/07/13/20010713BIT00150/bit0001.doc http://www.bit.se/bitonline/2001/07/13/20010713BIT00150/bit0001.pdf