Skanska wins construction contract in Indiana for USD 120 M, about SEK 820 M

Skanska has signed a contract worth USD 120 M, about SEK 820 M, to perform construction services in Indiana. The order will be included in the order bookings for Skanska USA Civil in the first quarter 2012.

The contract is the first for Industrial Contractors Skanska, a part of Skanska USA Civil acquired and incorporated in the Skanska Group on January 1. The project will provide all general construction services for maintenance and capital projects at a manufacturing facility in Indiana, over the next three years.

Work will commence in January 2012 with anticipated completion in December 2014.

Industrial Contractors Skanska has established a strong reputation in the Midwest as a leading construction contractor and operates three separate business streams: Power & Energy, Commercial & Light Industrial and Heavy Industrial.

Skanska USA is one of the leading development and construction companies in the country, consisting of four business units: Skanska USA Building, which specializes in building construction; Skanska USA Civil, specialized in civil infrastructure; Skanska Infrastructure Development, which develops public-private partnerships; and Skanska Commercial Development, which develops commercial development projects in select U.S. markets. Headquartered in New York, Skanska USA has approximately 7,400 employees and its 2010 revenues were SEK 34.3 billion.

For further information please contact:

Shelby Adams, Communications, Skanska USA, tel: +1 615 335 1243

Edvard Lind, Group Press Officer, Skanska AB, tel: +46 (0)10-448 88 08.

Direct line for media: tel: +46 (0)10-448 88 99.

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.

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 52,000 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 2010 totaled SEK 122 billion.