Peab sells property in Espoo

Peab has sold the project Eventes Business Garden in Espoo near Helsinki. The buyer is Union Investment Real Estate GmbH and the sale is in the form of Real Estate Ownership Company, with an attendant construction contract. The total contract amounts to EUR 62.3 million.

The project will be completed in summer 2014 and will include three office buildings and a parking garage.

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 9.00 a m on 22 August 2012.

For further information, please contact:

Heikki Levo, Peab OY +35840 7676 170

Gösta Sjöström, Communication Peab +46 733 371010

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.