Lundbergs Interim report January - March 2011

· On March 31, 2011, net asset value after deferred tax amounted to SEK 37.4 billion, compared with SEK 37.2 billion at December 31, 2010.  The corresponding values on May 24, 2011 were SEK 37.0 billion (SEK 298 per share).

· Consolidated net sales amounted to SEK 5,833 m. (5,204).

· Operating profit totaled SEK 3,769 m. (1,081). Operating profit excluding impairment losses, reversals of impairment losses and unrealized changes in value amounted to SEK 3,561 m. (1,089).

· Profit after taxes amounted to SEK 3,349 m. (809), of which minorities accounted for SEK 397 m. (198).

· Earnings (excluding minorities) per share amounted to SEK 47.62 (9.86). Recalculated after taking into account the bonus issue implemented following period-end, earnings per share amounted to SEK 23.81 (4.93).

· The one-for-one bonus issue was implemented on May 11, 2011.

· On May 22, 2011, Series A Skanska shares were acquired for approximately SEK 760 m., corresponding to 10% of the voting rights and 1.4% of the share capital.