Peab to build flats in Kungsängen

Peab has been contracted to build 161 tenant-owner flats and a garage with 190 parking places in Kungsängen, west of Stockholm. The client is the tenant-owner society Branten and the community of Upplands-Bro. The contract is worth SEK 390 million.

It is a turn-key contract which has started and it will be ready for moving in stages from March 2009.


For additional information, please contact:
Tomas Anderson, division manager Peab + 46 733 372000
Gösta Sjöström, information manager, Peab + 46 733 371010


Previous press releases from Peab are available at www.peab.com

This information is such that Peab AB is obliged to publish in accordance with the Swede Act regarding the Securities Market and/or the Financial Instruments Trading Act or has itself chosen to publish.