Mike McNally Named New President of USA Building

Press release 9/24/2007 5:00 AM EST

Skanska announced the appointment of Mike McNally as the new President of its business unit, Skanska USA Building,
based in Parsippany, New Jersey.

McNally will assume his duties on October 1 and will be based in the New York metropolitan area. He replaces Johan Karlström, Executive Vice President of Skanska AB, who has been serving as President of the business unit since June of 2006. Karlström will continue to be based in the U.S. as the member of the Group’s Senior Executive Team (SET) overseeing Skanska’s U.S. operations, including Skanska USA Civil.