Skanska divests school in Linköping, Sweden, to Vacse for about SEK 200M

Skanska has divested Vallastadens school in Linköping, Sweden, for SEK 200M. The
buyer is Vacse AB, pension funds formed by seven major Swedish companies; Atlas
Copco, Pharmacy Company, Ericsson, Sandvik, Skanska, Stora Enso and Volvo. The
transaction will be recorded by Skanska Commercial Property Development in the
third quarter 2016. The transfer of the property to the buyer will take place in
July 2017.
Vallastadens school is an elementary school with a capacity for 600 students
that Skanska builds. The school will be completed next summer, and a 15-year
lease has been signed with the municipality of Linköping.

The intention is that the school will be certified according to the
environmental certification system Green Building. Features include a glass
facade with integrated solar cells and solar panels on the roofs. The school
yard is generous with a small forest and walking paths, sports field and plenty
of playground equipment. The school building will have a private kitchen and a
gymnasium.

Vallastaden is a new area that is emerging just west of Linköping city center
near the university. In total, it is planned for about 1,000 homes in the
current phase, ranging from townhouses to apartment buildings where variation is
the main theme.

Skanska is one of the largest project development and construction companies in
Sweden, with operations in building and civil engineering as well as in
residential and commercial development. The unit has about 10,000 employees.
Revenues from construction amounted to SEK 27 billion in Sweden in 2015.
Residential development sold about 2,200 new homes. Skanska also offers services
in public-private partnerships.
For further information please contact:

Håkan Isfalk, Regional Manager, Skanska Sverige AB, tel +46 (0)10 448 13 79

Andreas Joons, Press Officer, Skanska AB, tel +46 (0)10 449 04 94

Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com
The information provided herein is such as Skanska AB is obligated to disclose
pursuant to the EU market securities act (EU) no. 596/2014.

Skanska is one of the world’s leading construction and project development
companies, focused on selected home markets in the Nordic region, other European
countries and North America. Supported by global trends in urbanization and
demographics, and by being at the forefront in sustainability, Skanska offers
competitive solutions for both simple and the most complex assignments, helping
to build a sustainable future for customers and communities. The Group currently
has 43,100 employees in selected home markets in Europe and North America.
Skanska's sales in 2015 totaled SEK 155 billion.