Skanska to develop and construct “Green Building” on Universitetsholmen in Malmö, Sweden

Skanska to develop and construct “Green Building” on Universitetsholmen in
Malmö, Sweden

Skanska is continuing with development of the Universitetsholmen in central
Malmö. The office building, designated “Bassängkajen,” will be built in seven
stories and comprise a total of 19,000 square meters in two stages. Skanska's
investment in the first stage involving 10,000 square meters amounts to about
SEK 240 M and is scheduled to be completed in autumn 2010.

The new property is expected to be one of the first in Malmö to fulfill the
requirements for the EU GreenBuilding label. This means that the building's
energy consumption will be at least 25 percent lower than what is specified in
the Swedish National Board of Housing, Building and Planning's standard for
newly constructed buildings. An application for the GreenBuilding label will be
submitted in the autumn. In January this year, Skanska's office building
Hagaporten III in Solna, Stockholm, became the first in Sweden to be certified
in accordance with the most recent GreenBuilding standard.

In Malmö, Skanska has previously developed and constructed the Hjälmarekajen,
Citykajen and Hovrätten office buildings in the Universitetsholmen area.
Hovrätten was sold earlier this year. For Citykajen, which will soon be
completed, a leasing contract was signed this summer with the Swedish Rail
Administration. The building is then leased to 90 percent.

“The rental market in the Öresund region continues to show strong demand and we
are highly pleased to provide modern offices premises with a strong
environmental profile in a prime downtown location,” says Richard Hultin,
President, Skanska Öresund. 

“Increasingly more tenants are demanding buildings with a low environmental
impact when they seek new premises,” continues Richard Hultin. “The building's
material selection will be characterized by eco-labeled products and
halogen-free electrical installations, which reduces the use of PVC. Our tenants
will also receive cost-free energy advisory service and company bicycles.”

The construction project will be carried out by Skanska Sweden and is scheduled
to begin in October. Negotiations regarding leasing are under way with a number
of interested parties.

Skanska Commercial Development Nordic initiates and develops property projects
within offices, logistics centers and retail warehouses. Office operations focus
on the three large metropolitan regions in Sweden, the Copenhagen region in
Denmark and Helsinki, Finland. The development of logistics centers and volume
retail properties is conducted in strategic locations in Sweden, Denmark and
Finland.

Skanska Commercial Development Nordic is divided into three regional companies:
Gothenburg, Stockholm and Öresund.




For further information please contact:

Richard Hultin, President, Skanska Öresund, tel +46 70-673 15 56
Peter Gimbe, Press Officer, Skanska AB, tel +46 8 753 88 38
Direct line for media: tel +46 8 753 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 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.