Press release (regulatory)

Skanska renovates tunnels in Oslo, Norway, for NOK 516M, about SEK 550M

Skanska has signed a contract with the Norwegian Public Roads Administration for the renovation of the Ekeberg and Svartdal tunnels on the E6/E18 in Oslo, Norway. The contract is worth NOK 516M, about SEK 550M, which will be included in the Nordic order bookings for the second quarter of 2017.

The project consists mainly of electrical work, fire protection and improved cleaning solution for water from the tunnels. In addition, new technical buildings will be built, evacuation routes will be upgraded, a new layer of asphalt will be added and all signs will be replaced. The work will largely take place at night time in order to minimize the impact on traffic.

The work will begin in the summer of 2017 and will be completed before summer 2019.

Skanska is one of the leading development and construction companies in the Nordics, with operations in building construction and civil engineering in Sweden, Norway and Finland, and developing residential- and commercial property projects in select home markets. The commercial development stream is also active in Denmark. Skanska offers services in public-private partnerships. Skanska had sales of about 67 billion SEK and more than 15,000 employees in its Nordic operations during 2016.

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