Supreme Administrative Court rules that dividend from Järnbron is taxable

Supreme Administrative Court rules that dividend from Järnbron is taxable The dividend Järnbron AB paid to Skåne-Gripen AB in 1987 and which the company treated as tax-free is taxable according to a ruling handed down by the Supreme Administrative Court on February 28. The tax case was in process when Skanska acquired Skåne-Gripen in 1996. The ruling means that tax plus interest totaling approximately SEK 350 M must be paid. Since Skanska has already allocated a provision for this amount, its earnings will not be affected. Stockholm, March 1, 2000 SKANSKA AB Group Communications For further information, contact: Jan Bengtsson, Controller Skanska Europe, tel +46 40 14 41 58 This and previous releases are also available on www.skanska.com ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/03/01/20000301BIT00280/bit0001.doc http://www.bit.se/bitonline/2000/03/01/20000301BIT00280/bit0002.pdf