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2014-03-27

Skanska: Skanska to construct tunnel in Norway, for NOK 389 M, about SEK 410 M

Skanska has signed a contract with the Norwegian Road Administration
to build the Ljø tunnel in Møre and Romsdal, Norway. The contract is
worth NOK 389 M, about SEK 410 M, which will be included in order
bookings for Skanska Norway for the first quarter of 2014.

Work will begin in May 2014 and will be completed in October 2016.

Skanska Norway focuses on construction and civil engineering
operations. The unit has approximately 4,500 employees. In 2013,
Skanska Norway reported revenue of SEK 14.3 billion. In Norway,
Skanska is also active in the development of residential, commercial
properties and public private partnerships (PPP) projects.

For further information please contact:

Pål P Syse, Communications Director, Skanska Norway, tel +47 98 21 00
01

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

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 57,000
employees in selected home markets in Europe, in the US and Latin
America. Skanska's sales in 2013 totaled SEK 136 billion.

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http://news.cision.com/skanska/r/skanska-to-construct-tunnel-in-norway--...
http://mb.cision.com/Main/95/9559476/226052.pdf

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