Peab builds highway with central barrier between Vasteras and Sala

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Peab has been contracted to rebuild the National Road 56 between Vasteras and Sala to a so-called 2+1 highway with central barrier. The customer is Swedish Transport Administration and the contract amounts to 112 million.

Work on this 30 kilometres stretch will begin in August 2010 and is expected to be completed in October 2011.

For further information, please contact:

Bert Sellstedt, project manager Peab +46 733 372781

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 9 am on 12 August 2010.

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.