Anders Elfner new Deputy CEO at Peab


FOERSLOEV, Sweden, March 31, 2003 (PRIMEZONE) -- Mr. Anders Elfner, 47, has been appointed Deputy CEO of Peab AB as of 1st April. He will also be a member of the Peab Group's executive Board.

Mr. Elfner will overall work with production and market within Peab's housebuilding sphere of in Sweden with a special focus on Stockholm, the Malardalen area and Norrland .

Anders Elfner has previously worked at Skanska where he was among other things responsible Skanska's Stockholm operations and he also headed Skanska Sweden.

"Anders Elfner has a long experience from contracting industry and he will be a significant reinforcement to our organisation. Peabs competitiveness will now be even stronger, especially in the important Stockholm area," said Peabs CEO Mats Paulsson.


For more information, please contact: 
Gote Brannvall, deputy MD Peab +46 8 623 68 01
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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http://www.waymaker.net/bitonline/2003/03/31/20030331BIT00370/wkr0002.pdf