Skanska builds the new Pensacola Bay Bridge in Florida, USA, for USD 399M, about SEK 3.3 billion

Skanska has signed a contract with the Florida Department of Transportation to
construct the Pensacola Bay Bridge in Florida, USA. The contract is worth USD
399M, about SEK 3.3 billion, which will be included in the order bookings for
Skanska USA Civil in the third quarter 2016.
The design-build contract is to replace the existing bridge over Pensacola Bay
with two new, three-lane bridges, connecting the cities of Pensacola and Gulf
Breeze. Each new bridge will have a length of just over three miles, about five
kilometers. The total project length is 3.7 miles, about six kilometers,
including the roadway approaches on each end of the bridges.

Construction is scheduled to begin in the third quarter 2016 and the project is
slated for completion in August 2020.

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:

Pamela Monastra, Communications, Skanska USA, tel +1 404 946 75 33

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.