Peab builds flats in Västerås

Peab builds flats in Västerås

Peab has been commissioned to build 64 new flats in Västerås. The customer is
the tenant-owner association Klyvaren and the contract is worth SEK 200 million.

The work with the seaside flats will start in June and they will be ready for
moving in during the autumn 2009.



For additional information, please contact:
Thomas Rylander, project manager Peab +46 733 375132
Gösta Sjöström, CIO, Peab +46 733 371010


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

This information is such that Peab AB is obliged to publish in accordance with
Swedish law regarding the securities market and/or the Financial Instruments
Trading Act or has itself chosen to publish. The information was submitted for
publication at 11.30 a.m. on 13 May 2008.



Peab is one of the leading construction and civil engineering companies in the
Nordic countries with a net sale exceeding SEK 30 billion and approximately
12,000 employees. The Group's subsidiaries have strategically located offices in
Sweden, Norway and Finland. The share is listed on the Nordic Exchange. The
registered office of the Group is at Förslöv, Skåne in south of Sweden.