Tor Krusell Appointed New EVP In Skanska


STOCKHOLM, Sweden-Sept. 18, 2006--Tor Krusell has been appointed new Executive Vice President (EVP) of Skanska AB (STO:SKAB). Krusell has been responsible for Human Resources issues in Skanska and a member of the Senior Executive Team (SET) for three years. He will continue to hold these positions, now with the title Executive Vice President.

"To retain and develop our people and attract new talent is the single most important challenge for Skanska the coming years. This appointment reflects our aim to further improve Skanska's position as an attractive employer," says Stuart Graham, President and CEO, Skanska AB.

Krusell was formerly Senior Vice President Communications in Skanska.

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

Skanska is one of the world's leading construction groups with expertise in construction, development of commercial and residential projects and public-private partnerships. The Group currently has 54,000 employees in selected home markets in Europe, the US and Latin America. Sales in 2005 totaled USD 17 billion.

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Contacts
Skanska AB
Peter Gimbe, +46 8 753 88 38
or
Tor Krusell, +46 8 753 88 47

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