Peab builds offices in Finspång

Peab has been contracted to build an office building in Finspång. The client is Siemens, the contract amounts to approximately SEK 150 million.

Mission is a turnkey, and the four-storey building will be environmentally classified as LEED, achieving Gold certification and have 740 office locations.

Work has begun and it will be completed in June 2012.

For additional information, please contact:

Jonas Suomela, project manager Peab +46 733 375390

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 23 March 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.