Peab expands the E6 at Trondheim

Peab has been contracted to build a motorway stretch of the E6 between Trondheim
and Melhus, Norway. The client is the Norwegian Public Roads Administration and
the contract amounts to NOK 1.16 billion.
The project includes the construction of eight km two-lane motorway flyovers,
six kilometers of pedestrian and bike paths, four kilometers local roads and
trenches, bridges and tunnels in connection with the project.
The mission will be carried through in collaboration between Peab's civil
engineering operations in Norway and Sweden. Work will begin in March 2016 is
expected to be ready for traffic in spring 2019.
The project will be reported in the first quarter in 2016.

Peab AB discloses the information provides herein pursuant to the Securities
Markets Act and/or the Financial Instrument Trading Act. The information was
submitted for publicationon 4 February 2016 at 11.00 a.m.

For further information, please contact:
Ivar Roland, managing director Peab Anlegg +47 958 86 265

Gösta Sjöström, CIO Peab +46 733 371010
Peab is the Nordic Community Builder with some 13,000 employees and net sales
exceeding SEK 43 billion. The Group has strategically located offices in Sweden,
Norway and Finland. The share is listed on NASDAQ Stockholm. The registered
office of the Group is at Förslöv, Skåne in south of Sweden.