Peab Disposes own Shares as Payment for Acquisition


FOERSLOEV, Sweden, March 14, 2003 (PRIMEZONE) -- Peab acquired the civil engineering company Samschakt in month of May 2000. The contract claims that part of the purchase sum will be paid with shares of Peab at the latest 2004-05-31. By an agreement entered today, will this part of the purchase sum be paid by transferring 450.000 B-shares in Peab to the former owner of Samschakt, Mr Henry Ljung.


For more information, please contact: 
Mats Leifland, CFO Peab +46 70 733 37 10 06 
Gosta Sjostrom, Information Manager Peab +46 733 37 10 10

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

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The following files are available for download:

http://www.waymaker.net/bitonline/2003/03/14/20030314BIT00900/wkr0001.doc

http://www.waymaker.net/bitonline/2003/03/14/20030314BIT00900/wkr0002.pdf



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