Peab to build for Boliden in Aitik

Peab to build for Boliden in Aitik

Peab has been contracted to build a new concentrator with connecting
infrastructure at the Aitik copper mine of Boliden outside Gällivare in northern
Sweden. The contract amounts to about SEK 700 million.

It is a divided contract and the mode of payment is cost-plus with guiding price
and cost of incentive.

The work will start in January 2008 and it is estimated to be ready in November
2009. The contract is conditioned by obtaining requisite environmental
permissions.



For further information contact:
Leif Lundmark, region manager Peab +46 733 37 12 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.