Peab increases capacity at Nordby Köpcenter in Stömstad

Peab has been commissioned to build a large extension to the shopping mall Nordby Köpcenter in Strömstad. Peab received the order from the Norwegian Olav Thon Group together with the Orvelin Group from Strömstad and the value of the contract is SEK 350 million. Nordby Köpcenter is the third major project the Olav Thon Group has awarded to Peab.

The commission is a total contract to build 30.000 square metres shop space and 40.000 square metres parking space. Construction has begun and is expected to be ready for inauguration on 1 June 2009.

For additional information, please contact:
Nils Staffansson, Region Manager Peab +46 733 373200
Gösta Sjöström, CIO, Peab +46 733 371010


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

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 10.01 am on 19 February 2008