Peab builds for the Bothnia Line

Peab builds for the Bothnia Line Peab has won an order to build a railway embankment and two railway bridges for the Bothnia Line, just south of Örnsköldsvik. The client is Botniabanan AB and the contract is worth SEK 131 million. The contract covers the construction of a railway embankment, 7 kilometres long, and two railway bridges, 70 and 45 metres long. Groundwater protection for an area of approx. 35 000 sq. m. around Bjästatjärn water catchment is also included in the contract. This is the second big Bothnia Line contract Peab has won recently. In October 2003, Peab was commissioned to build three railway bridges at Kramfors, Sollefteå and Örnskölsvik. The new contract will fit in well with other current jobs. Around 70 people will be employed on the contract, and Peab will also take on a number of apprentices to train as plant drivers in accordance with an agreement with the local county employment board. For further information contact: Anders Jonasson, regional manager Peab +46 70686 80 11 Gösta Sjöström, information manager Peab +46 73337 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/2004/02/16/20040216BIT00240/wkr0001.doc http://www.waymaker.net/bitonline/2004/02/16/20040216BIT00240/wkr0002.pdf

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Peab is a leading Nordic construction and civil engineering company with about 15,000 employees and SEK 50 billion in net sales. The Group has strategically placed offices in Sweden, Norway and Finland. Company headquarters are in Förslöv on Bjäre Peninsula in southern Sweden. The Peab share is listed on NASDAQ Stockholm.

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