Peab and Peab Industri have built a profit-sharing foundation for employees


Peab and Peab Industri have built a profit-sharing foundation for employees

Peab and Peab Industri have, for the financial year 2007, jointly put SEK 100
million (including payroll taxes), whereof Peab SEK 75 million and Peab Industri
SEK 25 million into a newly created profit-sharing foundation. The
profit-sharing foundation replaces the previous profit-sharing scheme in the
Groups. In accordance with the foundation's investment policy, the majority of
the funds will be placed in shares in Peab and Peab Industri.

The individual annual profit-share will be related to the employee's countable
number of months of employment. An employee can withdraw their share in the
foundation upon retirement.

The purpose of the profit-sharing scheme is to:
• create a higher level of participation through employee ownership
• create better financial conditions for employees upon retirement
• create a greater understanding for profitability in the companies
• stimulate interest in long-term employment in the companies

− Employees should definitely have a share in the surplus they help to generate.
Building a profit-sharing foundation is a good way to create a tighter bond
between the company and our employees. It is also a long-term reward for a job
well done, comments Mats Paulsson Chairman of the board, Peab Industri.

For additional information, please contact:
Niclas Winkvist, CFO Peab Industri +46 431 44 96 00
Staffan Bremander, Corp. Comm. Mgr. Peab Industri + 46 733 37 11 10


Previous press releases from Peab Industri are available at
www.peabindustri.com.

Peab Industri is a leading producer of products and provider of services for the
Nordic construction and civil engineering market. The net sales exceed SEK 7
billion and the number of employees amounts to more than 2 300. Business is
conducted in Sweden, Norway and Finland. The share is listed on the OMX Nordic
Exchange in Stockholm. The main office is located in Ängelholm in Skåne, Sweden.

Anhänge

03032655.pdf
GlobeNewswire