Skanska Donates USD 200,000 to Aid Hurricane Victims


STOCKHOLM, Sweden, Sept. 2, 2005 (PRIMEZONE) -- Hurricane Katrina has affected hundreds of thousands of people in the southern United States. Major and rapid efforts are required to help the survivors. Therefore Skanska has decided to contribute to the relief effort by donating USD 200,000 to the Red Cross.

Skanska also encourages its employees to be generous and give money to aid the hurricane victims.

At the same time, Skanska is investigating the possibilities to assist the emergency efforts on site with personnel or other resources.

"Our thoughts at this time are with all the victims suffering from the impact of Hurricane Katrina. For the employees in Skanska it feels natural to contribute to the aid effort in the same fashion, as we did after the September 11 attacks and the tsunami disaster in Southeast Asia," says Stuart Graham, President and CEO of Skanska.

The United States is Skanska's largest home market with about 10,000 employees. Skanska is one of the world's leading companies in construction and project development, with 54,000 employees worldwide and sales of SEK 121 billion in 2004.

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

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