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2016-11-07

Skanska: Skanska to build new dining hall for James Madison University in Virginia, USA, for USD 42M, about SEK 355M

Skanska has signed a USD 42M, about SEK 355M, contract with James
Madison University to construct its new dining hall in Harrisonburg,
Virginia. Skanska USA Building will include the full value of USD
42M, about SEK 355M, in its fourth quarter order bookings.

The new dining hall will be located in the center of campus. With
about 10,000 square meters, it will seat 1,500 students and faculty.
This building is targeted for LEED® Silver certification.

Skanska began construction in May 2016. The project is slated for
completion in summer 2018.

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
USA Commercial Development, which develops commercial projects in
select U.S. markets. Headquartered in New York, Skanska USA has more
than 10,000 employees and its 2015 revenues were SEK 54.5 billion.

For further information, please contact:

Pamela Monastra, Communications, Skanska USA, tel: +1 404 946 75 33

Edvard Lind, Head of Media Relations, 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

The information provided herein is such as Skanska AB is obligated to
disclose pursuant to the EU market securities act (EU) no. 596/2014.

Skanska is one of the world's leading construction and project
development companies, focused on selected home markets in the Nordic
region, other European countries and North America. Supported by
global trends in urbanization and demographics, and by being at the
forefront in sustainability, Skanska offers competitive solutions for
both simple and the most complex assignments, helping to build a
sustainable future for customers and communities. The Group currently
has 43,100 employees in selected home markets in Europe and North
America. Skanska's sales in 2015 totaled SEK 155 billion.

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http://news.cision.com/skanska/r/skanska-to-build-new-dining-hall-for-ja...
http://mb.cision.com/Main/95/2116802/585731.pdf

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