Peab is to build a shopping centre in Eskilstuna

Peab is building a shopping centre in Eskilstuna Peab is to build a shopping centre in the Tuna Park area of Eskilstuna, where Coop Sverige today operates a superstore, and where a volume store is currently under construction. The shopping centre has been commissioned by a company of which KF Fastigheter and Peab will be equal owners during the construction phase. Once the shopping centre has been completed, the ownership will be handed over to the Alecta service company for about SEK 337 million. The commission is based on a trust-based contract, and construction will start in January 2004, while the shopping centre will open during the spring 2005. For further information contact: Roland Svensson, Project Development Peab +46 733-37 30 10 Gösta Sjöström, Public Relations Manager Peab +46 733 -37 10 10 Previous press releases from Peab are available at ------------------------------------------------------------ This information was brought to you by Waymaker The following files are available for download:

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Peab is a leading Nordic construction and civil engineering company with about 15,000 employees and about SEK 52 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.