Peab and Folksam have acquired 50% of Kvarnholmen Development, Nacka

Peab and Folksam has formed a joint venture company which has acquired KF Real
Estate’s share in Kvarnholmen Development and another company containing
development rights. After the acquisition Kvarnholmen Development is owned
equally by JM and by the Peab and Folksam jointly owned company.

Kvarnholmen Development is to carry out the development rights for the
production of more than 1 500 new apartments.

Kvarnholmen is a peninsula in Nacka Municipality, attractively situated opposite
the island of Djurgården in Stockholm inlet.

For further information, please contact:

Sofia Ljungdahl, Division Manager Peab +46 733 339350

Gösta Sjöström, C I O 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 2.15 pm on 28 December 2012.
Peab is the Nordic Community Builder with some 15,000 employees and more than
SEK 40 billion in net sales. 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.