Peab builds railway leg in Norway / Vänerbanan

Peab has been contracted to build one of the phases of rail expansion on the route of Norway / Vänerbanan between Veland and Prässebo south of Trollhättan. The contract amounts to approximately SEK 132 million and was ordered by Transport Administration. Work will begin immediately and expected to be completed in 2012. The contract includes the construction of 3.5 km double track, a railway and a road bridge. The item also includes three short tunnels for double track. For further information, please contact: Thomas Larsson, Peab Infra +46 733 373619 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 12 a m. on 23 April 2010. Previous press releases from Peab are available at www.peab.com