Peab and Skövdebostäder build 206 flats in Skövde

Peab has been commissioned to build a new housing area with 206 flats at Käpplunda Park in Skövde. The client is Skövdebostäder and the contract amounts to SEK 197 million. It is a turn key contract, which Peab won together with ABAKO arkitektkontor. Work will begin when zoning has gained legal force. Moving in will be with a first stage during the summer 2010 and remaining stages during 2012. For additional information, please contact: Martin Klaesson, project manager Peab +46 733 373264 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 10.00 a.m. on 3 July 2009. Previous press releases from Peab are available at www.peab.com