Peab’s Interim Report January-March 2012

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Operative net sales amounted to SEK 9,868 million (8,797)

Operative operating profit amounted to SEK 144 million (102)

Earnings per share before dilution amounted to SEK 0.27 (0.19)

Orders received during the first quarter increased by 28 percent to SEK 13,200 million (10,306)

Order backlog in Construction and Civil Engineering has grown by 11 percent to SEK 32,989 million (29,689)

Four business areas established

Peab first quarter has in general followed the development we saw in the second half of 2011. Despite an uncertainty about where the market is heading we are experiencing good demand for our products and services and a good inflow of new projects. Our strong market position and good order situation is a robust platform for stable development in the future, even when market conditions are weaker”, says Peab President and CEO Jan Johansson in a statement.

For further information, please contact:

Fredrik Wahrolén, Head of Communications +46 733 371007

Jesper Göransson, CFO Peab +46 733 371013

Jan Johansson, CEO Peab + 46 431 89329

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 1.00 p m on 15 May 2012.

Peab is the Nordic Community Builder with some 15,000 employees and more than SEK 40 billion in net sales. 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.

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