Peab builds a new part of E45 north of Gothenburg

Peab has been commissioned to build another phase of E45 at Alvhem between Ramstorp and Tingberg. The customer is the National Road Administration and the contract amounts to SEK 105 million.

The contract includes the construction of 2.6 km new highway, reconstruction of existing stretch of the E45 to the local roads and private roads. It also includes two bridges and a pedestrian and bicycle crossings. The contract is part of the BanaVäg I Väst-project.

Work has begun and is scheduled for completion in October 2012.

For further information, contact:
Johan Halvardsson, region manager Peab +46 733 847500
Gösta Sjöström, CIO, Peab +46733 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 11.00 a.m. 17 June 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 approximately 14,000 employees and a net sale amounting to around SEK 38 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.