Peab Industri applies for unlisting and determines a new final day for converting

Peab AB (publ) (”Peab”) published 19 December 2008 that Peab had received 94,1 percent of the shares in Peab Industri AB (publ) (”Peab Industri”) and that Peab within short intends to call for compulsory purchase of the rest of the shares in Peab Industri.

Peab has thereafter requested that Peab Industri applies for unlisting of Peab Industri’s B-shares from Nasdaq OMX Stockholm.

Against the aforementioned background the Board of directors of Peab Industri has applied for unlisting of Peab Industri’s B-shares from Nasdaq OMX Stockholm. The last day for transactions will be on Friday 30 January 2009.

Since Peab has published that Peab within short intends to call for compulsory purchase of the rest of the shares in Peab Industri, the Board of directors of Peab Industri has according to the conditions for the convertibles decided that the new final day for converting of Peab Industri Convertibles 2007/2012 shall be 17 February 2009. Peab’s publication the 19 December 2008 of its intention to call for compulsory purchase also means that the holders of Peab Industri Convertibles 2007/2012 until 17 February 2009 are entitled to demand repayment of the convertibles including accrued interest.