Skanska strengthens focus on Health and Safety and establishes new Group Staff Unit with Neil Moore as SVP

Skanska strengthens focus on Health and Safety and establishes new Group
Staff Unit with Neil Moore as SVP

Skanska is further strengthening its focus on health and safety and is
establishing a new Group Staff Unit to lead the development within these
areas. Neil Moore has been appointed SVP for Safety and head of the new
unit, reporting to Mats Williamson, Executive Vice President and member
of the Skanska Senior Executive Team.

“Safety is one of the core values at Skanska and our very highest
priority, every day, for all people and in all of the places where we
work. Now we further strengthen our focus on decreasing the number of
accidents and improving work safety,” says Johan Karlström, Skanska's
President and CEO.

Since 2004 Skanska has had the vision of reaching zero work place
accidents. The number of lost-time accidents among employees has
declined by more than 50 percent. The company is taking extensive
measures to further reduce the number of accidents.

During 2010 eight new Global Safety Standards were introduced and
extensive training programs have been conducted. Analyses of safety
risks are now mandatory in all construction projects. Skanska has also
taken the initiative to increase the focus on accidents that could have
been serious but in which no one was injured.

Safety efforts are measured and carefully followed up, and results
regularly are compared between Skanska business units to spread
knowledge and lessons learned between the units. As of 2009, a Global
Safety Stand Down was introduced following a workplace fatality during
which all work is stopped on Skanska's worksites to discuss the lessons
to be learned and pay respects to the deceased.

Skanska's safety focus is on preventing accidents through improved
understanding of safety hazards and greater safety knowledge.

Neil Moore is 57 years old and has been working with health and safety
in Skanska since 2000. He has a civil engineering degree from Aston
University in the U.K. He will report to Mats Williamson, Executive Vice
President and member of the Skanska Senior Executive Team.

Health and Safety is part of Skanska's commitment to sustainability and
has been lead by Group Staff Unit Sustainability and Green Support. This
unit will now continue their focus on other areas within Sustainability
and on Green Support, headed by Noel Morrin, Senior Vice President.

For further information please contact:
Neil Moore, Senior Vice President, Safety, Skanska AB, tel +44 774 893
3038.
Mats Williamson, Executive Vice President, Skanska AB, tel +46 (0)10 448
00 00.
Peter Gimbe, Group Press Officer, Skanska, tel +46 (0)10 448 88 38.
Direct line for media, tel: +46 (0)10 448 88 99.

This and previous releases can also be found at
www.skanska.com (http://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 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 52,000
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 2010 totaled SEK 122 billion.