Peab builds parking garage in Oslo

Peab builds parking garage in Oslo 

Peab's Norwegian subsidiary Peab AS has been commissioned to build a new parking
garage at Fornebu in Oslo. The customer is IT Fornebu, and the contract amounts
to 350 million Norwegian kroner. 

The parking garage will be built in conjunction with Statoil's new headquarters
at the defunct airport Fornebu in central Oslo. The building will be constructed
in three floors underground and have approximately 1 600 parking spaces and
storage space. 

Work will start in March 2010 and is expected to be finished in spring 2011.  

For further information, please contact:
Rune Hangeland, region manager Peab AS +47 90975452
Gösta Sjöström, CIO Peab +46 733 371010

Peab AB discloses the information provided herein pursuant to the Securities
Markets Act and/or the Financial Instruments Trading Act. 
The information was submitted for publication at 9.00 a.m. on 9 December 2009. 

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

Peab is one of the leading construction and civil engineering companies in the
Nordic countries with a net sale exceeding SEK 35 billion and approximately
13,000 employees. The Group's subsidiaries have strategically located offices in
Sweden, Norway and Finland. The share is listed on NASDAQ OMX Stockholm. The
registered office of the Group is at Förslöv, Skåne in south of Sweden.