Peab builds Culture Center in Oslo

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

Peab has been commissioned to rebuild some parts of the old Schous brewery in central Oslo to a Culture Center. Customer is KLP Eiendom and the contract sum amounting to 105 million NOK. When the Culture Center is clear, it will be run by the state National scene and the Oslo Municipality. Work has begun and it is expected to be completed in October 2009.

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 1 p.m. on 28 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