Skanska awarded Bond Street Crossrail main station works in the UK, worth GBP 55 M, about SEK 554 M

Regulatory News:

Skanska UK (STO:SKAB) has been awarded a five-year contract, in joint venture with Costain, to deliver the main station works at the new Crossrail Bond Street Station in London. The contract is worth GBP 55 M, about SEK 554 M, for Skanska, and GBP 110 M, about SEK 1.11 billion, to the joint venture. The order will be included in order bookings for Skanska UK for the first quarter 2013.

The contract comprises the construction of ticket halls, including platform fit-out and mechanical and electrical services. In addition, it includes interfacing with the tunnelling, track and rail power contractors. This contract follows on from the Bond Street advance works awarded to the same joint venture in March 2011.

Work is set to begin in February 2013 and is scheduled to conclude in February 2017, ahead of Crossrail’s opening in 2018.

Skanska UK reported revenues of approximately SEK 11.75 billion in 2012, with about 4,000 employees. The company is active in building and civil construction, utilities and building services. In the UK, Skanska is also a leader in Public Private Partnerships, PPPs, also known as Privately Financed Initiatives, PFIs. Skanska has also initiated the development of homes for the UK market.

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

The information is such that Skanska AB is obligated to publish in accordance with the Swedish Securities Markets Act.

Today, Skanska is one of the world’s leading project development and construction groups with expertise in construction, development of commercial and residential premises, and public-private partnership projects. Based on its global green experience, Skanska aims to be the client’s first choice for green solutions. The group currently has 57,000 employees in selected home markets in Europe, the US and Latin America. Skanska's sales in 2012 totalled SEK 132 billion.

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