Skanska signs a EUR 600 million syndicated revolving credit facility

Skanska has signed a syndicated revolving credit facility amounting to EUR 600 million. The agreement has a 5 year tenor.

The facility is signed by Skanska Financial Services AB with Skanska AB as guarantor. The credit is to primarily serve as a strategic back up facility and can be utilized in optional currencies such as EUR, GBP, SEK and USD.

The syndicate is consisting of 12 international banks.

The facility is used to refinance the existing EUR 750 million multicurrency revolving credit facility from 2007.

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For further information, please contact:

Magnus Paulsson, President, Skanska Financial Services AB, tel 010-448 64 82
Pontus Winqvist, Senior vice President, Investor Relations, Skanska AB, tel 010-448 88 51

This and previous releases can also be found at www.skanska.com

Skanska AB may be required to disclose the information provided herein pursuant to the Securities Markets Act.

Throughout 125 years, Skanska has been a modern and innovative developer and contractor, building what society needs. Today, Skanska is one of the world’s leading project development and construction groups with expertise in construction, development of commercial and residential projects and public-private partnerships. Based on its global green experience, Skanska aims to be the clients' first choice for Green solutions. The Group currently has 53,000 employees in selected home markets in Europe, in the US and Latin America. Headquartered in Stockholm, Sweden and listed on the Stockholm Stock Exchange, Skanska's sales in 2011 totaled SEK 123 billion.