Peab selected for university building in Växjö

Peab has been given the task of building an institutional building for the Linnaeus University in Växjö. The customer is Videum AB and the contract is valued at SEK 100 million.

Patrik Hjelm, Videum’s real estate manager, says: “The building is a low-energy property, which means that when it is in operation it will use less energy than the National Board of Housing, Building and Planning’s applicable building regulations.” Peab’s assignment is a turnkey contract, with the construction beginning in March/April 2010. The construction is estimated to be completed by November 2010. 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 12.01 p.m. on 15 October 2009. Previous press releases from Peab are available at www.peab.com

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Peab is one of the leading Nordic construction and civil engineering companies with about 15,000 employees and net sales of SEK 49 billion. The Group has strategically located offices in Sweden, Norway and Finland. The Peab's registered office is located in Förslöv on Cap Bjäre in south of Sweden. The Peab share is listed on Nasdaq Stockholm

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