Skanska awarded contract for Gaillard Municipal Auditorium renovations in Charleston, USA, for USD 77 M, about SEK 525 M

Skanska, in a joint venture with Trident Construction, has been awarded a
contract from the City of Charleston in South Carolina for renovation and new
construction services at the Gaillard Municipal Auditorium for USD 110 M, about
SEK 750 M. Skanska’s share of the contract is 70 percent, approximately USD 77
M, about SEK 525 M, which will be included in order bookings for Skanska USA
Building for the third quarter of 2012.
The Gaillard Center project includes the addition of a 1,800 seat multi-purpose
auditorium, a 3,600 square meter exhibit hall and a new three-story 7,500 square
meter municipal office building for City employees. According to the city’s
mayor, this will be the largest construction project in the city’s history.

Seeking LEED Silver certification, the project will begin in August and is
slated for completion in December 2014.

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 Commercial Development, which develops
commercial projects in select U.S. markets. Headquartered in New York, Skanska
USA has approximately 9,400 employees and its 2011 revenues were SEK 31.3
billion.

For further information, please contact:
Jessica Murray, Senior Director, Communications, Skanska USA, tel +1 404 946
7468
Edvard Lind, Group Press Officer, Skanska AB, tel: +46 (0)10-448 88 08
Direct line for media: +46 10 448 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.

Throughout 125 years, Skanska has been a modern and innovative developer and
contractor, building what society needs. Today, Skanska is one of the world’s
leading project development and construction groups with expertise in
construction, development of commercial and residential projects and public
-private partnerships. Based on its global green experience, Skanska aims to be
the clients' first choice for Green solutions. The Group currently has 53,000
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 2011 totaled SEK 123 billion.