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2016-03-31

Skanska: Skanska renovates and expands hospital in Tulsa, USA, for USD 62M, about SEK 530M

Skanska has signed a contract with Saint Francis Health System for
additions and renovations to Saint Francis Hospital in Tulsa,
Oklahoma. The contract is worth USD 62M, about SEK 530M, which will
be included in order bookings for Skanska USA Building in the first
quarter 2016.

The project, managed by Skanska's Texas operations, consists of 12,000
square meters of major renovation to the hospital's existing surgery
department including 28 operating rooms and support spaces, and about
1,400 square meters of horizontal expansion including seven new
operating rooms. Additionally, a new 2,500-square-meter mechanical
penthouse will be constructed on the roof of the existing surgery
department.

Construction is expected to commence in April 2016 and is slated for
completion in March 2020.

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 North America, 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:

Shelby Adams, Communications, Skanska USA, tel: +1 972 281 64 51

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

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 partnerships
projects. 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 North
America. Skanska's sales in 2015 totaled SEK 155 billion.

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http://news.cision.com/skanska/r/skanska-renovates-and-expands-hospital-...
http://mb.cision.com/Main/95/9945858/494636.pdf

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