Peab builds railways and bridges in Motala

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Peab has been contracted to build 5 km double-track railway in and outside Motala. The customer is Swedish Transport Administration and the contract amounts to SEK 477 million.

The contract also includes construction of a pedestrian tunnel and a platform at the rail yard in Motala, 10 bridges, whereof one over Gota Canal, which will be openable and another bridge that will pass Motala Ström. Terracing, and so-called BEST jobs, ie jobs of track, electricity, signal and telecommunication, is also part of the mission.
Work will begin immediately and is scheduled for completion in autumn 2012.

For further information, please contact:

Curt Broomé, Project Manager +46 733 375814

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 11 a. m. on 23 June 2010.

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 a net sale exceeding SEK 35 billion and approximately 13,000 employees. 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.