Peab appoints new HR director

Tina Hermansson Berg has been appointed new Director of Human Resources Peab AB. Tina will take up her new position on 1 August 2012 and takes place in the Executive Management. Mats Johansson, the former HR director, remains in the Executive Management, now in charge of Ethics and Security. Tina Hermansson Berg currently holds the position as Executive Vice President of Human Resources & Corporate Communication at Mölnlycke Health Care AB.

"Tina has extensive experience in strategic HR management from various industries, both nationally and internationally. With very good results, she has developed and implemented culture-bearing programs and processes for employees to ensure continued success, profitability and growth, "says Peab President and CEO Jan Johansson.

For further information, please contact:

Jan Johansson, President and CEO Peab +46 431 89329

Fredrik Wahrolén, Head of Communications +46 733 371007

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 3.00 pm on 27 February 2012.

Peab is the Nordic Community Builder with 15,000 employees and a net sale exceeding 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.