Skanska improves freeway interchange in Tacoma, USA, for USD 122M, about SEK 1.0 billion

Skanska has signed a contract with the Washington State Department of
Transportation to reconstruct both lanes of the Interstate 5 freeway at its
interchange with Washington State Route 16 in Tacoma, USA. The contract is worth
USD 122M, about SEK 1.0 billion, which will be included in the order bookings
for Skanska USA Civil in the third quarter 2016.
A key element of the design-build project is the construction of HOV lanes in
both directions of I-5 within the project limits. Additionally, the scope of
work includes the construction of four direct connector ramps between the SR 16
HOV lanes and the I-5 HOV lanes.

Construction will begin in September 2016 with completion scheduled for July
2019.

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 USA Commercial Development, which develops
commercial projects in select U.S. markets. Headquartered in New York, Skanska
USA has more than 10,000 employees and its 2015 revenues were SEK 54.5 billion.
For further information, please contact:

Jay Weisberger, Communications, Skanska USA, tel: +1 206 494 54 69

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