Peab renovating apartments in Stockholm

Peab subsidiary Kungsfiskaren has been contracted to reconstruct 43 properties with a total of 479 apartments in Västerhaninge. The customer is Akelius Fastigheter i Haninge AB and the contract amounts to SEK 105 million. Work will commence in November 2009 and is scheduled for completion in November 2011. For further information, please contact: Roy Rosberg, Kungsfiskaren +46 733 372856 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 24 September 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 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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