Skanska appoints new executive VP Finance

SKANSKA APPOINTS NEW EXECUTIVE VP FINANCE

Mr. Anders Nyrén, age 43, of Bromma (Stockholm), Sweden, has been appointed the new Executive Vice President Finance of Skanska AB.

Anders Nyrén, who will assume his new position on November 1, has a solid financial background combined with extensive international experience. Some of his previous positions include vice president - finance and accounting at STC, Scandinavian Trading, (1982-87) and executive vice president and chief financial officer at Securum (1992-96). As president of OM International between 1987 and 1992, he was involved in establishing operations in six countries.

Anders Nyrén presently holds an executive position in Group management at Nordbanken.

He has a degree in economics from the Stockholm School of Economics and an MBA (Master of Business Administration) from the University of California Los Angeles (UCLA).

Danderyd, September 11, 1997

SKANSKA AB

Group Public Affairs