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Peab to Build New Offices Stockholm

STOCKHOLM, Sweden--Regulatory News:

Peab has been contracted to rebuild an older building to offices and commercial spaces at Liljeholmskajen in Stockholm. The building earlier contained the Stockholm Fashion Center. The customer is Marievik Fastigheter AB and the contract amounts to about SEK130 million.

It is a performance contract which is estimated to be ready in November 2008.

Previous press releases from Peab are available at www.peab.com

This is the type of information that Peab AB is obligated to disclose in accordance with the Swedish Securities Exchange and Clearing Operations Act and/or the Financial Instruments Trading Act.

Peab is one of the leading construction and civil engineering companies in the Nordic countries with a net sale exceeding SEK 30 billion and approximately 12,000 employees. The Group's subsidiaries have strategically located offices in Sweden, Norway and Finland. The share is listed on the Nordic Exchange. The registered office of the Group is at Frslv, Skne in south of Sweden.

This information was brought to you by Cision http://newsroom.cision.com
Contacts

Hans Nordfeldt
region manager Peab
+46 733 37 25 39
or
Gosta Sjostrom
information manager, Peab
+46 733 37 20 06.

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