Peab expanding Älvhögsborg in Trollhättan

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

Peab (STO:PEABB) has been commissioned to carry out the expansion of sports facility Älvhögsborg in central Trollhättan. Customer is KB Älvshögsborg and the contract sum amounting to 90 million.

There is an existing sports hall which must now be expanded with facilities for fitness, with the extension of the gym, sports hall and a new entrance. In addition, the outdoor bath built on. Work will commence in December 2008 and is expected to be completed in summer 2010.

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

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 10.30 a.m on 26 November 2008.

Peab is one of the leading construction and civil engineering companies in the Nordic countries with a net sale exceeding SEK 30 billion and approximately 12,000 employees. The Group’s subsidiaries have strategically located offices in Sweden, Norway and Finland. The share is listed on the Nordic Exchange. 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