Skanska to construct highway in Czech Republic for approximately SEK 1.1 billion

Skanska has secured a contract to construct a section of the D47 highway in the Czech Republic. The contract amount totals approximately SEK 1.1 billion (CZK 3.33 billion) and is included in order bookings for the first quarter of 2006. The customer is Czech Road and Motorway Directorate and the project is being financed by government funds. The assignment is for a 12-kilometer four-lane expressway section of the D47 at Ostrava in eastern Czech Republic. The project includes an interchange, ten highway bridges and eight other bridges. In addition, the project includes relocation of an adjacent railway line and about ten kilometers of local and approach roads. Construction will also include noise protection walls and a number of flyovers for wild animals to cross. Preparatory work has begun and the construction work, which will begin in the autumn, is scheduled to be completed in 2009. Skanska Czech Republic, which is the largest construction company in the Czech Republic, had sales of approximately SEK 10 billion in 2005, with about 7,000 employees. The company’s largest projects in progress include expansion of the subway and rail systems in Prague, as well as the construction of a new head office for ČSOB, a Czech bank. For further information please contact: Ondrej Such, Press Officer, Skanska Czech Republic, tel +420 267 095 444 Peter Gimbe, Senior Vice President Communications, Skanska AB, tel +46 8 753 88 99 This and previous releases can also be found at www.skanska.com