Peab to build a new motorway in Dalarna

Peab to build a new motorway in Dalarna Peab has won the contract to build 12 kilometres new motorway from Falun to Ornäs in the county of Dalarna. The client is the Swedish National Road Association and the contract amounts SEK 300 million. The contract also includes 12 bridges, a traffic zone and reconstruction of existing local ways. Work will begin during the autumn 2003 and it is estimated to be ready during the autumn of 2006. When this project is ready, the road section between the cities of Falun and Borlänge will be a two lane motorway. For further information contact: Thomas Larsson, Project Manager Peab +46 733 37 36 17 Gösta Sjöström, Information Manager Peab +46 733 37 10 Previous press releases from Peab are available at ------------------------------------------------------------ This information was brought to you by Waymaker The following files are available for download:

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Peab is a leading Nordic construction and civil engineering company with about 14,000 employees and about SEK 54 billion in net sales. The Group has strategically placed offices in Sweden, Norway and Finland. Company headquarters are in Förslöv on Bjäre Peninsula in southern Sweden. The Peab share is listed on NASDAQ Stockholm.