Peab builds railway in Södertälje

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Peab has been commissioned to carry out two contracts at the double track railway built between central Södertälje and the Port of Södertälje. The customer is Swedish Transport Administration and the contract amounts to SEK 177 million.

The Transport Administration builds the double track to increase the punctuality of trains to / from Sodertalje, while built on the station to increase accessibility.

The Peab's mission is to rebuild the station area at the Port of Södertälje, with a new pedestrian tunnel and new platforms. The project also includes the construction of three single-track bridges with adjacent retaining walls.

Work will begin immediately and is expected to be completed in spring 2013th

For further information, please contact:

Fredrik Åslund, project manager Peab +46 733 372689

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 2.00 pm on 29 November 2010.

Previous press releases from Peab are available at www.peab.com