Peab to build rental apartments in Stockholm

Press release from Peab AB, 29 November 2002 No. 42 Peab to build rental apartments in Stockholm Peab have won the contract to build 115 new rental apartments in Åkersberga just north of Stockholm. The client is Armada Fastighets AB and the contract is worth SEK 147 million. It is an all-in contract and construction that has begun and it will be completed in three stages with first moving in date estimated to December 2003. For more information, please contact: Carl-Henrik Appel, Project Manager Peab + 46 733 37 20 62 Gösta Sjöström, Information Manager Peab + 46 733 37 10 10 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 11 000 employees and a turnover of approximately SEK 19 billion. The Group's subsidiaries have strategically located offices in Sweden, Norway and Finland. The share is listed on the Stockholm Stock Exchange. The registered office of the Group is at Förslöv, Skåne in south of Sweden. Peab AB Information Gösta Sjöström Information Phone +46 431-89 126 e-mail: gosta.sjostrom@peab.se Mobile phone +46 733-371 010 Internet adress www.peab.com Home phone +46 40-15 34 60 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/11/29/20021129BIT00110/wkr0001.doc http://www.waymaker.net/bitonline/2002/11/29/20021129BIT00110/wkr0002.pdf