Peab builds parking garage in Oslo

Peab's Norwegian subsidiary Peab AS has been commissioned to build a new parking garage at Fornebu in Oslo. The customer is IT Fornebu, and the contract amounts to 350 million Norwegian kroner. The parking garage will be built in conjunction with Statoil's new headquarters at the defunct airport Fornebu in central Oslo. The building will be constructed in three floors underground and have approximately 1 600 parking spaces and storage space. Work will start in March 2010 and is expected to be finished in spring 2011. For further information, please contact: Rune Hangeland, region manager Peab AS +47 90975452 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 9.00 a.m. on 9 December 2009. Previous press releases from Peab are available at www.peab.com