Skanska to build steam pipeline in Brazil for USD 113 M, about SEK 780 M

Skanska to build steam pipeline in Brazil for USD 113 M, about SEK 780 M

Skanska has secured the contract to build a steam pipeline in northeast Brazil.
The total contract value amounts to USD 113 M, or about SEK 780 M, and will be
included in order bookings for the third quarter.

The customer is Petrobras, the state-owned Brazilian oil company that is one of
Skanska's repeat customers in the Latin American energy sector.

The contract pertains to the construction of an 84-kilometer steam pipeline
between the Vale do Açu thermoelectric power plant and the Alto do Rodrigues oil
and gas production wells, where the steam will be injected, in the state of Rio
Grande do Norte, in northeast Brazil. The surface pipeline will have a diameter
varying between 3 and 20 inches with thermal insulation.

The project will commence immediately and is scheduled for completion in 18
months. The scope of the contract comprises the construction, assembly and
thermal insulation of the entire pipeline, testing and start-up assistance.

Skanska has wide experience in pipeline construction and is presently building a
gas pipeline for the same customer in northern Brazil.

Skanska Latin America is one of the continent's leading construction companies
and one of Skanska's most profitable units. Operations focus primarily on
construction, operations and services for the international energy industry. In
2006, the company had some 11,000 employees and sales of about SEK 3.8 billion.




For further information please contact:

Peter Gimbe, Press Officer, Skanska AB, tel +46 8 753 88 38,
direct line for media: +46 8 753 88 99


This and previous releases can also be found at www.skanska.com

This is the type of information that Skanska AB may be obligated to disclose in
accordance with the Swedish Securities Exchange and Clearing Operations Act
and/or the Financial Instruments Trading 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 56,000 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
2006 totaled USD 17 billion.