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2016-11-28

Skanska: Skanska builds new healthcare research facility for hospital in London, UK, for GBP 60M, about SEK 700M

Skanska has signed a contract with Great Ormond Street Hospital to
build the Zayed Centre for Research into Rare Diseases in Children in
London, UK. The contract is worth GBP 60M, about SEK 700M, which will
be included in the order bookings for Skanska UK in the fourth
quarter 2016.

This is the third phase of redevelopment for the world-renowned
medical facility. It will support the hospital's vision of driving
forward new treatments and cures for children with rare diseases.
Skanska will be responsible for the design, construction and
mechanical and electrical fit-out of the facility, which will operate
as a partnership between Great Ormond Street Hospital for Children
NHS Foundation Trust, University College London and Great Ormond
Street Hospital Children's Charity.

The contract award builds on the successful working relationship that
Skanska has established with Great Ormond Street Hospital while
working on the Premier Inn Clinical Building, the second phase of the
redevelopment, which will complete the Mittal Children's Medical
Centre.

Work is due to start in January 2017 and set to conclude in late 2018.

Skanska UK reported revenues of about SEK 18 billion in 2015. It has
around 5,500 employees. The company is active in building and civil
construction, utilities and building services, as well as facilities
management and commercial development.

For further information please contact:

Lizzie Sparrow, Communications, Skanska UK, tel +44 7894 003335

Andreas Joons, Press Officer, Skanska AB, tel +46 (0)10-449 04 94

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 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 43,100
employees in selected home markets in Europe and in the US. Skanska's
sales in 2015 totaled SEK 155 billion.

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http://news.cision.com/skanska/r/skanska-builds-new-healthcare-research-...
http://mb.cision.com/Main/95/2131746/595853.pdf

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