Skanska to Construct Hospital in Virginia for USD 47.6 M, Approximately SEK 340 M

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

Skanska (STO:SKAB) has been awarded the assignment to build the Smyth County
Community Hospital in Marion, Virginia, in the U.S. The contract totals USD 47.6
M, corresponding to about SEK 340 M, which will be included in order bookings
for the first quarter. The client is Mountain States Health Alliance.

The contract pertains to a large, three-story building comprising approximately
16,000 square meters, which will house offices as well as medical wards, with 44
beds, and departments for emergency care and surgery, in addition to facilities
for a number of specialists.

Skanska is responsible for Design/Build and Construction Management of the
project.

The building will be designed to facilitate environmental certification
according to the international environmental classification system LEED
(Leadership in Energy and Environmental Design). The planning will be
implemented using the Building Information Model, BIM.

Site work will commence in July and is scheduled for completion in December
2011.

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, which develops
public-private partnerships; and Skanska Commercial Development, which develops
commercial development projects in select U.S. markets. Headquartered in New
York, Skanska USA has approximately 7,000 employees and its 2009 revenues were
SEK 44 billion.

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 53,000 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 2009 totaled SEK 137 billion.

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Skanska USA
Nicole Didda, Vice President Communications
Tel +1 917 438 4596
or
Skanska AB
Peter Gimbe, Press Officer
Tel +46 10 448 88 38
Direct line for media: tel +46 10 448 88 99

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