SKANSKA: New, extended reporting structure in second-quarter interim report 2003


STOCKHOLM, July 4, 2003 (PRIMEZONE) -- Skanska's interim report for the six months ended June 30, 2003, will be published on July 24, 2003.The new reporting structure, as described in the Annual Report and other publications, will be applied as of the second quarter of this year.

The new, extended, reporting structure means that earnings will be reported on the basis of four areas of operation: Construction-related Services, Residential Project Development, Project Development of Commercial Premises and BOT (privately financed projects). In addition, Construction-related Services and Residential Project Development will be described by market.

To facilitate comparisons with earlier periods' results, the quarterly results for 2002 and the first quarter of 2003 in accordance with the new reporting structure are enclosed. These tables can also be downloaded in EXCEL format from the Group's website: www.skanska.com/investorrelations.

The accounting principles and calculation methods described in the latest annual report and in the interim report for the first quarter have been applied to the consolidated financial statements, if not otherwise stated.

For further information please contact:

Peter Wallin, Senior Vice President, Investor Relations, Skanska AB, tel +46 8 753 88 86

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

The tables and graphs which accompany this release can be found by clicking on the following links:

This information was brought to you by Waymaker http://www.waymaker.net

The following files are available for download:

http://www.waymaker.net/bitonline/2003/07/04/20030704BIT00740/wkr0001.doc

http://www.waymaker.net/bitonline/2003/07/04/20030704BIT00740/wkr0002.pdf



            

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