Peab extends the port of Gävle

Peab has been contracted to implement the expansion of the port of Gävle. The customer is Gävle Hamn AB. The budget for the project as a whole is 870 million and Peab's share amounts to approximately SEK 500 million. Peab's mission is a partnering contract with the start of construction this year and is expected to last until 2015. The work includes dredging and stabilization of dredge spoil and other port activities. - Gävle port has had a significant expansion in recent years. Now, the establishment must be adapted to the growth in activity. I'm pleased that we at Peab have been partnering this mission, "says Anders Jonasson Peab's Regional Manager in a statement. For further information, please contact: Anders Jonasson, region manager Peab +46 733 371800 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 1 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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