Press release (regulatory)

Skanska to construct phase of Mälarbanan for about SEK 400M

Skanska and the Swedish Transport Administration have signed an agreement for the expansion of Mälarbanan between Spånga and Barkarby, north of Stockholm. The contract is worth about SEK 400 million and will be included in the order bookings for Skanska Sweden for the first quarter of 2016.

The project is a turnkey contract covering the expansion of Mälarbanan from two to four tracks on a three-kilometer section as well as a new platform. Commuter trains will have two separate tracks, while other trains will pass freely on the two outer tracks. When the entire expansion of Mälarbanan between Tomteboda and Kallhäll is completed in 2025 it will be easier to take the train with more departures to choose from and easier to arrive on time.

Construction start of preparatory work is planned for the summer 2016 and the project is expected to be fully completed during 2019.

The expansion will employ approximately 65 people at Skanska, including 8 new employees. Skanska has since 2012 carried out several assignments for the Transport Administration in the project Mälarbanan, including two bridges and an underground excavation.

Skanska Sweden is one of Sweden's largest project development and construction companies, with operations in building and civil engineering as well as in residential and commercial development. The unit has about 10 000 employees. Revenues from construction operations amounted in 2015 to just over SEK 31 billion. Residential development sold about 2 200 new homes. Skanska also offers services in public-private partnerships.

For further information please contact:

Mats Lindahl, Regional Manager, Skanska Sverige, tel: +46 (0)10-448 82 13

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