Peab builds a new jail in Gothenburg

Peab builds a new jail in Gothenburg

Peab has been commissioned to build a correctional facility containing, among
other things, a new jail and administration offices in Gothenburg. Peab received
the order from Vasakronan and the value of the contract is SEK 450 million. 

The jail will be centrally placed in Gothenburg, next to Ullevi soccer stadium.
The commission is a total contract in cooperation that will commence in April
2008 and is expected to be ready for use in June 2010. 

For further information, please contact:
Pekka Merta, Regional Manager Peab +46 733 373434
Gösta Sjöström, C I O Peab +46 733 371010


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

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 at 09.00 a.m. on 10 March 2008.


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.