Extraordinary Shareholders’ Meeting decides on long-term ownership program

At Skanska’s Extraordinary Shareholders’ Meeting held today, the Board of Directors’ proposal to implement a long-term ownership program for all of the Group’s permanent employees was approved.

The ownership program was the only item that the Extraordinary General Meeting was convened to address.

A presentation of the ownership program, Skanska Employee Ownership Program, is provided in an earlier press release dated October 19, 2007. The Board of Directors’ entire proposal is also provided at www.skanska.com.