Peab rebuilds highway 70

Peab has been commissioned to rebuild highway 70 between Enköping and Simtuna into a divided highway with a median barrier. The purpose of the reconstruction is to improve traffic safety and accessibility.

The customer is the Swedish Transport Administration and the contract is worth SEK 182 million. It is a general contract and the project will begin in June 2016 and is expected to be completed in the autumn of 2017.

The project will be registered as an order in the second quarter of 2016.

For further information, contact:

Bengt Johansson, Regional Manager Peab +46 733 37 26 66

Kajsa Jacobsson, sub Press Officer Peab +46 72 533 34 84

Peab is the Nordic Community Builder with some 13,000 employees and net sales exceeding SEK 44 billion. The Group has strategically located offices in Sweden, Norway and Finland. The share is listed on NASDAQ Stockholm. The registered office of the Group is at Förslöv, Skåne in south of Sweden.