Niclas Winkvist - new CFO at Peab

In connection with the appointment of Jesper Göransson as president and CEO
Niclas Winkvist has been made CFO of the Peab Group. This post also comprises
responsibility for Business Support and Investments, which Niclas is currently
responsible for. Niclas has worked at Peab since 1995 and is a member of Peab’s
executive management.

CEO Jesper Göransson will continue to be responsible for contact with banks and
analysts.

After the change Peab executive management will consist
of:

Jesper Göransson, President and CEO

Niclas Winkvist, CFO

Tina Hermansson Berg, HR Manager

Roger Linnér, BA Manager Construction and COO

Karl-Gunnar Karlsson, BA Manager Civil Engineering and Industry

Tomas Anderson, BA Manager Project Development

   “Niclas has a solid background that includes the time he spent as CFO at Peab
Industri. Niclas will have a key role in the work to implement the powerful
action we make public today” says Peab’s CEO Jesper Göransson.

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 7:49 a.m. 20 August 2013.

For further information, please contact:

Jesper Göransson, President and CEO Peab +46 431 89338

Gösta Sjöström, CIO Peab +46 733 371010
Peab is the Nordic Community Builder with some 14,000 employees and about SEK 45
billion in net sales. 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.