Anders Elfner new Deputy CEO at Peab

Anders Elfner, new Deputy CEO at Peab Mr Anders Elfner, 47, has been appointed Deputy CEO of Peab AB as of 1st April. He will also be a member of the Peab Group's executive Board. Mr Elfner will overall work with production and market within Peab's housebuilding sphere of in Sweden with a special focus on Stockholm, the Mälardalen area and Norrland . Anders Elfner has previously worked at Skanska where he was among other things responsible Skanska's Stockholm operations and he also headed Skanska Sweden. - Anders Elfner has a long experience from contracting industry and he will be a significant reinforcement to our organisation. Peabs competitiveness will now be even stronger, especially in the important Stockholm area, says Peabs CEO Mats Paulsson. For more information, please contact: Göte Brännvall, deputy MD Peab +46 8 623 68 01 Gösta Sjöström, Information Manager Peab +46 733 37 10 10 Previous press releases from Peab are available at www.peab.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/03/31/20030331BIT00370/wkr0001.doc http://www.waymaker.net/bitonline/2003/03/31/20030331BIT00370/wkr0002.pdf

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Peab is one of the leading Nordic construction and civil engineering companies with about 15,000 employees and net sales of SEK 49 billion. The Group has strategically located offices in Sweden, Norway and Finland. The Peab's registered office is located in Förslöv on Cap Bjäre in south of Sweden. The Peab share is listed on Nasdaq Stockholm

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