Skanska to build convention center in North Carolina for approximately SEK 900 M - Skanska's share is 50 percent

Skanska to build convention center in North Carolina for approximately SEK 900 M - Skanska's share is 50 percent Skanska has been awarded the construction services management assignment for the North Carolina Convention Center in Raleigh. Skanska has a 50 percent share of the contract totaling USD 126 M, or SEK 926 M. Skanska's portion, SEK 463 M, was included in order bookings for the first quarter of 2004. The customer is the City of Raleigh. The project involves a new, 46,000-square-meter, three-story conference and exhibition center. The pre-construction services phase has started. Construction begins in July and the entire center is scheduled for completion in the summer of 2007. The North Carolina Convention Center represents step two of a five-step plan to renovate and revitalize the Raleigh city center. The new convention center is being built to attract conferences and trade shows. Skanska USA Building has the construction manager assignment for the projects, which is being carried out in a 50/50 consortium with Barnhill Contracting Company from Tarboro, North Carolina. Skanska USA Building Inc. is a leading national and local provider of construction, pre-construction consulting, general contracting, design build, and pharmaceutical validation services to a broad range of U.S. industries, including biopharmaceutical, educational, high-tech, healthcare, transportation and sports and entertainment. The company, part of the Skanska AB global group of companies, is headquartered in Parsippany, New Jersey, and has more than 5,300 employees in the U.S. ______________________________________________________________________ For further information, please contact: Tom Crane, SVP, Corporate Communications, Skanska USA Building, tel. +1 973 394 9100 Peter Gimbe, Press Officer, Skanska AB, tel. +46 8 753 88 38 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.waymaker.net/bitonline/2004/04/22/20040422BIT20100/wkr0006.pdf pdf