Convertible debentures for Peab Industri's employees oversubscribed - 42 per cent of the staff take part in the programme

Convertible debentures for Peab Industri's employees oversubscribed - 42 per
cent of the staff take part in the programme

All Peab Industri employees were invited to subscribe to convertible debentures
in Peab Industri between 26 November and 12 December 2007. Altogether some 42
per cent (1,081) of Peab Industri's approximate 2,600 employees in Sweden,
Norway and Finland applied to subscribe to convertible debentures in Peab
Industri. Of Peab's approximate 12,600 employees, 30 per cent (3,746) applied to
subscribe to convertible debentures in Peab Industri.

6 million convertible personnel debentures were issued in December 2007 to an
overall nominal value of SEK 396 million. The value of convertible debentures
applied for by employees amounts to SEK 1,126 million, resulting in an
oversubscription of SEK 730 million (1.8 times).

The convertible debentures run from 1 December 2007 to 30 November 2012, and may
be converted in December 2010, in December 2011 and in September 2012 at an
exercise price of SEK 66. The rate of interest on the convertible debentures is
fixed at 5.44 per cent during their term. 

“It is a matter of great satisfaction that so many of the employees in Peab
Industri have taken advantage of the opportunity to purchase convertible
debentures and thus become prospective owners of Peab Industri. It demonstrates
a strong belief in the future and strong commitment amongst our staff which
demonstrates that Peab Industri is well positioned for the future,” says Mats
Paulsson, the Chairman of Peab Industri, in a comment.

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

This information is such that Peab Industri AB is obligated to publish in
accordance with the Swedish Act regarding the Securities Market and/or the
Financial Instruments Trading Act or has itself chosen to publish.

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