Skanska: AB Industrivarden Requests Reclassification of A Shares to B Shares


STOCKHOLM, Sweden, June 16, 2005 (PRIMEZONE) -- AB Industrivarden has submitted a request to Skanska to reclassify 2,302,756 Skanska A shares to the comparable number of B shares. As a result of the reclassification, Industrivarden's share of voting rights declines from 29.3 percent to 26.9 percent.

After reclassification, the number of A shares in Skanska will amount to 22,584,276, while the number of B shares in the company will total 395,968,796.

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

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