Skanska to Build Library at Wroclaw University For SEK 385 M

* Reuters is not responsible for the content in this press release.

Thu Oct 23, 2008 5:20am EDT

STOCKHOLM, Sweden--(Business Wire)--
Regulatory News:

   Skanska (STO:SKAB) has been contracted to complete the
construction of a new library at Wroclaw University in Poland. The
contract amounts to PLN 139.3 M, or SEK 385 M, which is included in
order bookings for the fourth quarter. The customer is Wroclaw
University.

   The project involves a library building covering a total of 46,000
square meters. The two-section building will house reading rooms for
about 1,000 students, lecture rooms, bookshop and museum. The library
will have space for 4.5 million books.

   The library building was originally started by another
construction firm, which was forced to abandon the project in 2006. In
new procurement bidding, Skanska was awarded the assignment to
complete the construction.

   Skanska's work begins in November and is scheduled to be completed
in April 2011.

   Skanska Poland, one of the largest construction companies in
Poland, had sales of SEK 8 billion in 2007. The company has about
6,500 employees. In Poland also Skanska Commercial Development and
Skanska Infrastructure Development are active.

   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 construction groups with
expertise in construction, development of commercial and residential
projects and public-private partnerships. The Group currently has
60,000 employees in selected home markets in Europe, in the US and
Latin America. Headquartered in Stockholm, Sweden and listed on the
Stockholm Stock Exchange, Skanska's sales in 2007 totaled SEK 139
billion.

   This information was brought to you by Cision
http://www.cisionwire.com

Skanska Poland
Marcin Gesing, Press Officer
Tel +48 22 561 30 66 or +48 510 161 516
or
Skanska AB
Peter Gimbe, Press Officer
Tel +46 8 753 88 38
Direct line for media: +46 8 753 88 99

Copyright Business Wire 2008
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