Peab to build new flats in Hammarby Sjöstad

Peab has been contracted to build 99 new tenant-owner flats in Hammarby Sjöstad, Stockholm. The client is HSB and the contract amounts to SEK 160 million. It is a turn-key contract which will begin during the spring 2006 and it is estimated to be ready during the summer 2008 For further information contact: Åke Nordbäck, project manager+46 733 37 22 35 Gösta Sjöström, Information manager Peab +46 733 37 10 10 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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