Peab gets asphalt contract in Norway

Peab's subsidiary Peab Asfalt has been awarded mandates to put new asphalt on 280 kilometers road in the area around Trondheim in Trøndelag and in Gudbrandsdalen. The client is the Norwegian Public Roads Administration and the contract amounts to NOK 165 million.

Work will commence in May 2011 and is scheduled for completion in October 2013. 

For further information, please contact:

Håkan Carlsson, Peab Asfalt Norway  +46 705 838121

Gösta Sjöström, C I O 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 10  a.m. on 27 April 2011.

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 approximately 14,000 employees and a net sale amounting to around SEK 38 billion. 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.