Peab renovating apartments in Stockholm

Peab subsidiary Kungsfiskaren has been contracted to reconstruct 43 properties with a total of 479 apartments in Västerhaninge. The customer is Akelius Fastigheter i Haninge AB and the contract amounts to SEK 105 million. Work will commence in November 2009 and is scheduled for completion in November 2011. For further information, please contact: Roy Rosberg, Kungsfiskaren +46 733 372856 Gösta Sjöström, CIO 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 10.00 a.m. on 24 September 2009. Previous press releases from Peab are available at www.peab.com