Peab builds student’s lodgings in Oslo

Peab’s Norwegian subsidiary Peab AS has won the contract to build 120 student’s lodgings and a garage at Pilestredet Park in Oslo. The client is Studentsamskipnaden in Oslo and the contract amounts to NOK 100 million. It is a turn key contract starting in October 2005 and it is estimated to be ready during November 2006. For further information contact: Petter Elvestad, MD Peab AS +47 4824 6400 Gösta Sjöström, information manager Peab +46 733 37 10 10 Previous press releases from Peab are available at www.peab.com