Peab Builds Hospital in Seinäjoki

STOCKHOLM--(BUSINESS WIRE)--Regulatory News:

Peab's (STO:PEABB) Finnish subsidiary Peab Oy has been contracted to build a new hospital building in Seinäjoki, Finland. The customer is Kiinteistö Oy Seinäjokin Y-talo. The entirely investment is estimated to 65-70 million euros and Peab Oy's share amounts to 23 million euros.

The project, which is one of the greatest starts in Finland this year, has begun and it is scheduled for completion in July 2012.

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 2 December 2009.

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 a net sale exceeding SEK 35 billion and approximately 13,000 employees. 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.

This information was brought to you by Cision http://www.cisionwire.com