Peab continues to repurchase its own shares

On the 15th of May, 2008 the Annual General Meeting authorised the Board of Peab to repurchase, before the next Annual General Meeting, at the most the number of shares in Peab AB so that the company will have a maximum holding of 17,400,000 shares when purchasing is completed.

Based on this authorisation Peab’s Board has decided to purchase a further 2,000,000 B shares. The shares will be acquired on the OMX Nordic Exchange in Stockholm at the trading rate valid on the date of purchase.

Peab’s current shareholding is 7,000,000 B shares, which corresponds to 4.01 percent of the number of registered shares. The total number of outstanding shares in Peab is 174,601,113.

The purpose of the repurchase is in part to regulate the company’s capital structure, in part to finance acquisitions and such like or, according to the decision of the Annual General Meeting, to keep the number of shares unchanged if and when convertible debentures issued in December 2007 are converted.


For additional information, please contact:
Mats Leifland, CFO Peab +46 733 371006
Gösta Sjöström, CIO, Peab +46 733 371010


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


This information is such that Peab AB is obliged to publish in accordance with Swedish law regarding the securities market and/or the Financial Instruments Trading Act or has itself chosen to publish. The information was submitted for publication at 8:30 a.m. on 16 May 2008.


For additional information, please contact:
Mats Leifland, CFO Peab +46 733 371006
Gösta Sjöström, CIO, Peab +46 733 371010


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