Peab Builds the Stockmann Centre in Riga


FOERSLOEV, Sweden, Sept. 5, 2002 (PRIMEZONE) -- Peabs subsidiary J.O.Z. Peab Group will be the general contractor in building the shopping centre Stockmann Centre in Riga, Latvia.

The client is the finish-owned retail chain Stockmann. Peabs contract amounts SEK 89 million and the total investment amounts SEK 370 million.

For more information please contact:


Andris Zarins, AZ Bygg +46 18 12 42 32
Gosta Sjostrom, Information Manager Peab +46 733 37 10 10

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

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The following files are available for download:


www.waymaker.net/bitonline/2002/09/05/20020905BIT00620/wkr0001.doc
www.waymaker.net/bitonline/2002/09/05/20020905BIT00620/wkr0002.pdf