Skanska renovates and expands University hospital in Virginia, USA, for USD 42M, about SEK 350M

Skanska has signed a contract with University of Virginia to renovate and expand
the current University hospital in Virginia, USA. The contract is worth USD 42M,
about SEK 350M, which will be included in the order bookings for Skanska USA
Building in the third quarter 2016.
The contract consists of early site work, utility relocations and installing the
building foundation system. The entire multi-phased hospital expansion and
renovation project is slated for completion in December 2020.

Construction services began in the June 2015 and this phase of the project is
expected to be complete in September 2017.

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 USA Commercial Development, which develops
commercial projects in select U.S. markets. Headquartered in New York, Skanska
USA has more than 10,000 employees and its 2015 revenues were SEK 54.5 billion.
For further information, please contact:

Pamela Monastra, Communications, Skanska USA, tel +1 404 946 75 33

Andreas Joons, Press Officer, Skanska AB, tel +46 (0)10 449 04 94

Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com
The information provided herein is such as Skanska AB is obligated to disclose
pursuant to the EU market securities act (EU) no. 596/2014.

Skanska is one of the world’s leading construction and project development
companies, focused on selected home markets in the Nordic region, other European
countries and North America. Supported by global trends in urbanization and
demographics, and by being at the forefront in sustainability, Skanska offers
competitive solutions for both simple and the most complex assignments, helping
to build a sustainable future for customers and communities. The Group currently
has 43,100 employees in selected home markets in Europe and North America.
Skanska's sales in 2015 totaled SEK 155 billion.