Peab proposes split of the Peab share

Peab proposes split of the Peab share

Peab AB will propose to the Annual General Meeting to decide about a split of
the Peab share, meaning that all the current shares will be divided into two
shares of the same kind.

The split and the separation of Peab Industri will be into effect, immediately
after that the right to participate in the distribution of Peab Industri AB has
been separated. This means that the first day with divided Peab shares, will be
the same day as the first day of trade of Peab shares, excluded the right to
participate in the distribution of Peab Industri AB, which is estimated to 25
September 2007.

The last day of trade inclusive the right to participate in the distribution of
Peab Industri and split is estimated to 24 September 2007. This means that the
date of notification for the split and for the right to participate in the
distribution of Peab Industri is estimated to 27 September.

 - Proposing a split is one way to create better conditions for increased
liquidity in the Peab share, says Peab's MD Mats Paulsson



For further information contact:
Mats Leifland, deputy MD Peab +46 733 37 10 06
Gösta Sjöström, Information manager Peab +46 733 37 10 10

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 30 billion and approximately
12,000 employees. The Group's subsidiaries have strategically located offices in
Sweden, Norway and Finland. The share is listed on the Nordic Exchange. The
registered office of the Group is at Förslöv, Skåne in south of Sweden.