Peab acquires shares in Lemminkäinen

Peab disposes 2,080,225 shares of Lemminkäinen Oy, representing 10.59 percent of the capital and votes.

The deal was done through direct purchase of 1,140,225 shares on NASDAQ OMX Helsinki, and signed by futures contracts for the purchase of 940,000 shares.

- We got the opportunity to acquire a major block of shares in Lemminkäinen and at the current price level, we see the share as an attractive financial investment with good expected yields. We make this deal because we believe in a good long-term development in the Nordic construction market, says Peab's CEO Jan Johansson in a statement.

For further information, contact:
Jesper Göransson, CFO Peab +46 733 371013

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 8 a.m. 14 September 2011.

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 15,000 employees and a net sale amounting to around SEK 40 billion. 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.