Conversion of Peab Convertible Promissory Notes 2005/2008

During June 2005 Peab issued totally 5 500 000 convertible loans to the employees. The period 1-15 April was the last opportunity to convert these Peab Convertible Promissory Notes 2005/2008 to B-shares.

Of the remaining outstanding faced value amounting to SEK 3.5 million, have all been converted to 148 407 new B-shares.

The number of registered shares in Peab AB amounts after the conversion to 19 611 404 A-shares and 154 989 709 B-shares or totally 174 601 113 shares.


For additional information, please contact:
Mats Leifland, CFO Peab +46 733 371006
Gösta Sjöström, CIO, Peab + 46 733 371010


This information is such that Peab AB is obliged to publish in accordance with Swedish law regarding the securities market and/or the Financial Instruments Trading Act or has itself chosen to publish. The information was submitted for publication at 09.00 a.m. on 24 April 2008.


Previous press releases from Peab are available at www.peab.com