Peab builds for E.ON in Örebro

Peab has been commissioned to undertake a complete rebuild and expansion of a power plant in Örebro. The customer is E.ON Thermal Sweden and the contract amounts to SEK 150 million.

The mission is a collaborative contract with land and construction. Works will begin immediately and is scheduled for completion in September 2012.

For further information, please contact:

Peter Eklund, project manager Peab +46 0733 375303

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 am on 18 January 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 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.