Skanska to Construct Interconnections at the REFAP Refinery in Brazil for USD 100 M, about SEK 815 M

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

Skanska (STO:SKAB) has been awarded a contract to construct the interconnections
of a gasoline hydro-desulphurization unit in Alberto Pasqualini Refinery -
REFAP, in Canoas, State of Porto Alegre, in the south of Brazil. The total
contract amount is USD 100 M, about SEK 815 M, and will be included in order
bookings for the second quarter.

The customer is REFAP, which is owned by Petrobras (70 percent) and Repsol (30
percent). Skanska has worked at the same refinery in the past, building a Sulfur
Recuperation Unit, a Hydrogen Generation Unit and has an ongoing contract to
build a Gasoline Hydro-Desulphurization Plant.

The scope of the contract includes: partial engineering, construction,
procurement, electromechanical assembly, tests and commissioning. Work is
scheduled to begin late August 2009 and shall be completed within 24 months.

These interconnections will link the Gasoline Hydro-Desulphurization Unit with
the rest of the units within the refinery.

Skanska has an extensive experience in refinery works in Latin America and is
today successfully involved in many other major projects for the same client
(Petrobras) in Brazil.

Skanska Latin America is one of the continent`s leading constructions Companies.
Operations focus primarily on construction, operations and services for the
international oil & gas and energy industry. In 2008, the company had more than
11,000 employees and revenues of about USD 850 M, about SEK 5.6 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. The Group currently has 55,000
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 2008 totaled SEK 144 billion.

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Skanska AB
Peter Gimbe, Press Officer
tel +46 10 448 88 38

Direct line for the media: +46 10 448 88 99

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