Skanska extends highway in California for USD 66 M, about SEK 405 M

Skanska extends highway in California for USD 66 M, about SEK 405 M

Skanska has been contracted to extend a highway in California. The contract
amount is USD 66 M, about SEK 405 M, which is included in order bookings for the
second quarter. The customer is the California Department of Transportation.

The order involves extension of about 3.7 kilometers of four-lane highway along
State Routes 52 and 67 at Santee, east of San Diego in southern California. The
project includes a large intersection with four bridges where the State Routes
meet.

The new highway, which will improve communications between Santee and eastern
San Diego, is part of a major expansion plan for the road network in the area.
Skanska is also currently engaged in extension of State Routes 905 and 78 in the
area.

The project begins immediately and will be complete in about 28 months.

Skanska USA Civil is focused on the construction of traffic infrastructure and
facilities for power, water and water treatment. The business unit has about
4,500 employees and operations in the eastern US, Colorado and California.
Skanska USA Civil's revenues amounted to about SEK 10.8 billion in 2007.


For further information please contact:

Karen Diemer, Communications Manager, Skanska USA Civil, 
tel +1 718 746 2785
Karin Lepasoon, Senior Vice President Communications, Skanska AB, tel +46 70 513
65 99
Direct line for media: +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.