Peab builds offices in Tromsø

Peab’s Norwegian subsidiary Björn Bygg has been contracted to build an office and retail building in Tromso. The client is Thor Eiendom and the contract amounts to NOK 110 million.

The building's facade will be composed of stone and glass and warming will be through geothermal heating.

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

For further information, contact:
Arild Östgård, adm dir Björn Bygg +47 77661030
Gösta Sjöström, CIO, Peab 0733 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. 15 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.