Skanska to construct biomedical research center in US for SEK 1.2 billion

Skanska to construct biomedical research center in US for SEK 1.2 billion Skanska has been awarded the construction management contract for a biomedical research center in Baltimore, Maryland. The contract, amounting to SEK 1.2 billion (USD 166 M), is included in order bookings for the third quarter of 2004. The customer is the federal government's National Institutes of Health (NIH). The contract is for a new center for two of the NIH institutions - the National Institute on Aging (NIA) and the National Institute on Drug Abuse (NIDA). The project, comprising 52,000 square meters, will house biomedical research labs, office space, conference and lobby areas as well as a library and restaurants. Skanska is also responsible for constructing a separate building for emergency power, ventilation system and other utilities. Work has been started and construction is scheduled to be completed in winter 2006-2007. Skanska USA Building Inc. is a leading national and local provider of construction, pre-construction consulting, general contracting and design build services to a broad range of US industries, including biopharmaceutical, educational, high-tech, healthcare, transportation and sports and entertainment. The company is headquartered in Parsippany, New Jersey, and has approximately 5,300 employees. For further information please contact: Tom Crane, Senior Vice President, Corporate Communications, Skanska USA Building, tel +1 973 285 8004 Anders Lilja, Senior Vice President, Investor Relations, Skanska AB, tel +46 8 753 88 01 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/2004/09/28/20040928BIT20110/wkr0001.pdf PDF