Peab reports the Stockholm Arena contract

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In December 2009, Peab was commissioned to build the new Stockholm Arena in the Globe district in Stockholm. The contract amounts to approximately SEK 2 billion and the intention was that inclusion of the project in orders received would take place when the final contract was signed, which originally was estimated to the second quarter 2010.

The final contract has now been signed, and Peab includes the whole project in orders received in the third quarter 2010.

For further information, please contact:

Jesper Göransson, CFO Peab +4791333484

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 am on 14 October 2010.

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 a net sale exceeding SEK 35 billion and approximately 13,000 employees. 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.