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Peab to Build a Multistorey Car Park in Jonkoping

STOCKHOLM, Sweden--Regulatory News:

Peab (STO:PEABB) has been contracted to build a house aimed for archives- and parking in the Diplomaten quarter in Jonkoping. The client for the archives is the Community of Jonkoping and the client for the multistorey car park is municipal parking company of Jonkoping. The contract amounts to SEK 106 million. The work will begin in February and it is estimated to be ready during the autumn 2009.

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

Peab AB discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 00.01 pm on 17 January 2007.

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 Forslov, Skane in south of Sweden.

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Contacts

Peab
Conny Lundstrom, Project Manager, +46 733 374640
or
Gsta Sjostrom, Information Manager, + 46 733 371010

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