Skanska to construct UK school for GBP 28 M, or approximately SEK 310 M

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Skanska has been awarded the contract to construct Belfairs High School in Leigh-on-Sea, Essex, northeast of London. The contract amounts to GBP 28 M, or approximately SEK 310 M, and will be included in fourth-quarter order bookings. The customer is Southend-on-Sea Borough Council and the scheme is funded by the Government’s Department for Children Schools and Families.

Skanska will be responsible for the structural design and construction of an 11,000 square meter school building that will accommodate 1,300 students from years 7-13 (11-18 year olds). In addition, the new facility will provide specialist Catering and Motor Mechanics facilities as well as provision for Adult Education. The assignment includes mechanical and electrical installations, an IT system, piling work and other site engineering and some refurbishment work to existing buildings. Construction work will commence immediately and is scheduled for completion in summer 2011, ready for the start of the new school year. Skanska UK reported revenues of SEK 17.9 billion in 2008, with about 4,800 employees. The company is active in building and civil construction, utilities and building services. Skanska is also a leader in the British program for private public partnerships, PFI (Private Finance Initiative). For further information please contact: Tanya Barnes, Head of Communications, Skanska UK, tel +44 1923 423 905 Peter Gimbe, Press Officer, Skanska AB, tel +46 10-448 88 38 Direct line for media: tel +46 10-448 88 99

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