Peab continues to repurchase its own shares

Peab continues to repurchase its own shares

On the 15th of May, 2008 the Annual General Meeting authorised the board of Peab
to repurchase, before the next Annual General Meeting, at the most the number of
shares in Peab AB so that the company will have a maximum holding of 17,400,000
shares when purchasing is completed.  

Based on this authorisation Peab's board decided the 16th of May, 2008 to
purchase a maximum of 2,000,000 B shares. After this decision 1,681,800 
B-shares have been acquired.

Today Peab's board has decided, based on the authorisation of the AGM, that
after the repurchasing quota set out on 16 May has been met another 2,000,000 B
shares will be repurchased. The shares will be acquired on the OMX Nordic
Exchange in Stockholm at the trading rate valid on the date of purchase.

Peab's current shareholding is 8,380,000 B shares, which corresponds to 4.80
percent of the number of registered shares which is 174,601,113.

The purpose of the repurchase is in part to regulate the company's capital
structure, in part to finance acquisitions and such like or, according to the
decision of the AGM, to keep the number of shares unchanged if and when
convertible debentures issued in December 2007 are converted.


For additional information, please contact:
Jesper Göransson, Deputy CEO Peab +46 733 371013
Gösta Sjöström, CIO, Peab +46 733 371010


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


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 8:00 a.m. on 26 August 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.