Skanska repairs sections of expressway in New York, USA, for USD 63M, about SEK 530M

Skanska has signed a contract with the New York State Department of
Transportation for the rehabilitation of sections of an expressway in New York,
USA. The contract is worth USD 63M, about SEK 530M, which will be included in
the order bookings for Skanska USA Civil in the third quarter 2016.
The steel repair project of Interstate 278 in Brooklyn will include structural
steel rehabilitation, including replacement and repainting.

Construction is underway and is slated for completion in November 2018.

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:

Mike Iacovella, Communications, Skanska USA, tel: +1 917 438 33 77

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.