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Skanska to Construct New Building for Sør-Trøndelag University College in Trondheim, Norway

Skanska has signed a contract with E.C. Dahls Eiendom AS to refurbish existing facilities and construct new buildings at Sør-Trøndelag University College in Trondheim, Norway. The total contract is worth about NOK 280 M, about SEK 300 M, and will be included in order bookings for Skanska Norway for the second quarter of 2015.

Work will begin in August 2015 and is scheduled for completion December 2017.

Skanska Norway focuses on construction and civil engineering operations. The unit has approximately 4,000 employees. In 2014, Skanska Norway reported revenue of SEK 13 billion. In Norway, Skanska is also active in development of residential, commercial properties and public private partnerships (PPP) projects.

Skanska AB may be required to disclose the information provided herein pursuant to the Securities Markets Act.

Skanska is one of the world’s leading project development and construction groups with expertise in construction, development of commercial and residential projects and public-private partnerships. Based on its global green experience, Skanska aims to be the clients' first choice for Green solutions. The Group currently has 60,000 employees in selected home markets in Europe and in the US. Skanska's sales in 2014 totaled SEK 145 billion.

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

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