Peab Divests S:t Eriks

Peab has divested its holdings in S:t Eriks. Peab has since 2009 been the owner
of 45 per cent of the company. S:t Eriks was formed by combination of Peab’s
concrete paving operations and Nordform, owned by Segulah III L.P. The parties
have thereafter operated the company as a joint venture.
This is the last part in the divestment of S:t Eriks. From 2009 when it was
fully owned until now with this last divestment of 45 per cent Peab has released
capital over time and further stream lined its business.
The Agreement regarding the transfer was signed 19 December 2014 and closing
will take place in the first quarter 2015 after approval from the Competition
Authorities.
The transaction is estimated to lead to a realization loss of 40 Million within
Business Area Industry, which will be reported as a write down in the fourth
quarter 2014.
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 on 22 December 2014 at 08.30 am.
For further information, please contact:
Niclas Winkvist, CFO Peab, +46 733 84 75 00
Niclas Brantingson, CIO Peab, +46 733 37 20 06

Peab is the Nordic Community Builder with some 13,000 employees and net sales
exceeding SEK 40 billion. 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.