Peab builds for the Norwegian Armed Forces in Tromsö

Peab's Norwegian subsidiary, Björn Bygg has been contracted to build a management structure building for the Norwegian Armed Forces in Setermoen in the Tromsø area in northern Norway. The customer is Forsvarsbygg Utvikling Nord and the contract amounts to NOK 114 million. Work will commence in November 2009 and the total construction period is estimated at around one year. For further information, please contact: Arild Östgård MD Björn Bygg +47 90643238 Gösta Sjöström, CIO Peab +46 733 371010 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 10.00 a.m. on 21 October 2009. Previous press releases from Peab are available at www.peab.com

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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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