Press release (regulatory)

Skanska builds hospital in Michigan, USA, for USD 175M, about SEK 1.5 billion

Skanska has, together with its joint venture partner Closner Construction, signed a contract with Duke LifePoint Healthcare to build its new replacement hospital for UP Health System - Marquette in Michigan, USA. The total contract is worth USD 206M. Skanska USA Building will include its share of the contract worth USD 175M, about SEK 1.5 billion, in the order bookings for the third quarter 2016.

160817 US Marquette

The new 50,000-square-meter, 243-bed, replacement facility includes approximately 14,000 square meter of diagnostic and therapeutic services and 17,000 square meter of patient care services. Additionally, the project will include an adjoining medical office building and a parking structure.

Construction began in May 2016 and is slated for completion in October 2018.

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.

For further information, please contact:

Shelby Adams, Communications, Skanska USA, tel +1 972 281 64 51

Andreas Joons, Press Officer, Skanska AB, tel +46 (0)10 449 04 94

Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found atwww.skanska.com

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Jacob Birkeland

Head of Media Relations & Public Affairs

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Andreas Joons

Media Relations Manager

Olof Rundgren

Olof Rundgren

Media Relations Manager

A man in a dark suit and white shirt stands against a plain white background.

Jacob Birkeland

Head of Media Relations & Public Affairs

Bald man wearing a black shirt and blazer against a white background.

Andreas Joons

Media Relations Manager

Olof Rundgren

Olof Rundgren

Media Relations Manager

Skanska builds hospital in Michigan, USA, for USD 175M, about SEK 1.5 billion