Peab converts to shares in Brinova

Peab has, in accordance with the conditions of convertible promissory notes 2003/2008, executed the right to conversion of new B-shares in Brinova Fastigheter AB. Conversion has been carried out of all convertible promissory notes 2003/2008, at a price of SEK 51.30 per share. After completed conversion Peab holds 4 931 773 B-shares corresponding to 21.82 per cent of the capital and 14.35 per cent of the votes in Brinova Fastigheter AB. For further information contact: Mats Leifland, deputy MD Peab + 46 733 37 10 06 Gösta Sjöström, information manager Peab +46 733 37 10 10 Previous press releases from Peab are available at www.peab.com