Extraordinary Shareholders' Meeting decides on long-term share ownership program

Extraordinary Shareholders' Meeting decides on long-term share ownership program

At Skanska's Extraordinary Shareholders' Meeting held today, the Board of
Directors' proposal to implement a long-term ownership program for all of the
Group's permanent employees was approved.

The ownership program was the only item that the Extraordinary General Meeting
was convened to address. 

A presentation of the ownership program, Skanska Employee Ownership Program, is
provided in an earlier press release dated October 19, 2007, which is attached.
The Board of Directors' entire proposal is also provided at www.skanska.com.


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
Anders Lilja, Senior Vice President, Investor Relations, Skanska AB, tel +46 8
753 88 01


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 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 SEK 126 billion.