Peab acquires A-frakt

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Peab has today acquired all shares in A-frakt AB. The company, with its seat in Arvidsjaur, conducts transportation activities in northern Sweden. A-frakt has five employees and about twenty haulers with vehicles connected. Operations will be conducted under the Cliffton brand. Turnover for 2009 amounted to SEK 110 million.

For further information, please contact:

K-G Karlsson, division manager Peab +46 733 848589

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 2.00 pm on 3 November 2010.

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

Peab is one of the leading construction and civil engineering companies in the Nordic countries with a net sale exceeding SEK 35 billion and approximately 13,000 employees. The Group’s subsidiaries have strategically located offices in Sweden, Norway and Finland. The share is listed on NASDAQ OMX Stockholm. The registered office of the Group is at Förslöv, Skåne in south of Sweden.