Peab dispose own shares as payment for acquisition

Peab dispose own shares as payment for acquisition Peab acquired the civil engineering company Samschakt in month of May 2000. The contract claims that part of the purchase sum will be paid with shares of Peab at the latest 2004-05-31. By an agreement entered today, will this part of the purchase sum be paid by transferring 450.000 B-shares in Peab to the former owner of Samschakt, Mr Henry Ljung. For more information, please contact: Mats Leifland, CFO Peab +46 70 733 37 10 06 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/2003/03/14/20030314BIT00900/wkr0001.doc http://www.waymaker.net/bitonline/2003/03/14/20030314BIT00900/wkr0002.pdf

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Peab is a leading Nordic construction and civil engineering company with about 15,000 employees and about SEK 51 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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