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2016-04-15

Skanska: Update on Skanska Brasil

As previously announced authorities in Brazil have involved Skanska
Brasil in the investigations related to Petrobras in Brazil. In
relation to these ongoing matters, Skanska has been notified that the
Federal Government in Brazil has brought a civil lawsuit against
seven companies, including Skanska Brasil, and seven individuals
unrelated to Skanska.

According to the lawsuit a joint venture partner of Skanska Brasil has
colluded with Petrobras directors and Skanska Brasil is notified of
having participated in, or benefited from, such acts.

The lawsuit is for damages and penalties on a joint and several
liability basis amongst the 14 defendants. At this stage it is not
possible to determine if Skanska Brasil is liable and if found liable
it is not possible to determine the amount of damages and penalties.

The federal government has filed a request that the lawsuit remains
confidential.

In July 2014, Skanska announced that it would wind down its operations
in Latin America to exit the market. As of March 3, 2016, Skanska has
no remaining operations in Latin America.

For further information please contact:

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 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 totalled SEK 155 billion.

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http://news.cision.com/skanska/r/update-on-skanska-brasil,c9956415
http://mb.cision.com/Main/95/9956415/501512.pdf

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