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2014-06-09

Skanska: Skanska constructs and redevelops defence sites in UK, for GBP 250 M, about SEK 2.7 billion

Skanska has signed a design and construction contract to build the new
Defence College of Logistics, Policing and Administration at Worthy
Down in Hampshire, UK, along with supporting infrastructure and
accommodation. Skanska will also act as development manager for the
redevelopment of the Princess Royal Barracks, Deepcut site in Surrey
where approximately 1,200 homes, a school and other facilities will
be built. The total contract value is approximately GBP 250 M, about
SEK 2.7 billion, which will be included in order bookings for Skanska
UK for the second quarter of 2014.

Work is due to start in June 2014 and to conclude at Worthy Down in
the summer of 2018.

Skanska UK reported revenues of about SEK 12 billion in 2013. It has
around 5,200 employees. The company is active in building and civil
construction, utilities and building services, as well as facilities
management and commercial development. In the UK, Skanska is a leader
in public private partnerships, PPPs, also known as Privately
Financed Initiatives, PFIs.

For further information please contact:

Lizzie Sparrow, Communications, Skanska UK,

tel +44 1923 423905

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 premises, and public-private partnership
projects. Based on its global green experience, Skanska aims to be
the client's first choice for green solutions. The group currently
has 57,000 employees in selected home markets in Europe, the US and
Latin America. Skanska's sales in 2013 totalled SEK 136 billion.

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http://news.cision.com/skanska/r/skanska-constructs-and-redevelops-defen...
http://mb.cision.com/Main/95/9598283/254171.pdf

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