Press release (regulatory)

Skanska builds new high school in Skien, Norway, for NOK 460M, about SEK 450M

Skanska has signed a contract with Telemark county council to build a new high school in Skien, Norway. The contract is worth NOK 460M, about SEK 450M, which will be included in the order bookings for Skanska Norway for the third quarter 2016.

160708 NO Skien

User-friendliness has been in focus throughout the development process and all parties have been keen to ensure that students and teachers will have a school where conditions contribute to a good learning environment. Telemark has ambitious environmental targets and the school will be built according to the standard for passive houses, which means significantly lower energy consumption than the current requirements.

Construction will start in August and the school will be completed during the fall 2018.

Skanska Norway focuses on construction and civil engineering operations. The unit has approximately 4,000 employees. In 2015, Skanska Norway reported revenue of about SEK 12 billion. In Norway, Skanska is also active in development of residential, commercial properties and public private partnerships (PPP) projects.

For further information please contact:

Pål P Syse, Communications Director, Skanska Norway, tel +47 98 21 00 01

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 at www.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