Peab Builds Railway Leg Outside Gothenburg

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

Peab (STO:PEABB) has been contracted to build a railway leg of the route Hede-Älvängen between Gothenburg and Trollhättan. The customer is Banverket and the contract amounts to SEK 538 million.

The project is a general contract including ground- and bridgework for 7.5 kilometres double track, 1.8 kilometre tunnel, lime and cement reinforcement, and five bridges.

Construction has started and completion is scheduled for the November 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 10.00 a.m. on 5 November 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.

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