Skanska Builds Women and Children’s Health Building in Delaware, USA, for USD 178M, about SEK 1.5 Billion

ÖSTERSUND, Sweden–(BUSINESS WIRE)–Regulatory News:

Skanska (STO:SKAB) has signed a contract to build the new Women and
Children’s Health Building for Christiana Care Health System in Newark,
Delaware, USA. The contract is worth USD 178M, about SEK 1.5 billion,
which will be included in the order bookings for Skanska USA Building in
the third quarter 2016.

This 8-story, 36,000-square-meter expansion will include a replacement
neonatal intensive-care unit, and the expansion of outpatient units, and
lab, pharmacy and dietary clinical and logistical support services. The
expansion also includes the expansion of a 4-level parking garage for
patients and visitors, which Skanska was previously awarded.

Construction is underway and the project is slated for completion in
January 2020.

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.

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.

This information was brought to you by Cision http://news.cision.com

Contacts

Skanska USA
Beth Miller, Communications
tel +1 917 438 45 23
or
Skanska
AB
Edvard Lind, Head of Media Relations
tel +46 (0)10 448 88 08
or
Direct
line for media
tel +46 (0)10 448 88 99