Peab builds new offices for Vattenfall Norden in Arenastaden in Solna

Peab builds new offices for Vattenfall Norden in Arenastaden in Solna

Peab has received the commission to build new offices in Solna which Vattenfall
Norden will rent. Peab has received the order from Fabege and the value of the
contract is SEK 850 million.

The office building will be divided into four bodies with high environmental
standards. The construction of the building will be cutting edge environmentally
resulting in very low energy consumption and attractive workplaces.

Construction of this turn-key contract is to commence in the beginning of 2010,
on the condition that zoning has gained legal force, and occupancy is planned
for the autumn of 2012. Vattenfall's new office building will be located next to
Swedbank Arena in Solna and is dimensioned for some 2,000 workplaces. The
project will be reported in the second quarter 2009.



For additional information, please contact:
Ulf Nordell, project manager Peab +46 733 372264
Gösta Sjöström, CIO Peab +46 733 371010

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 11.00 a.m. on 13 May 2009. 

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 35 billion and approximately
15,000 employees. The Group's subsidiaries have strategically located offices in
Sweden, Norway and Finland. The share is listed on NASDAQ OMX Stockholm. The
registered office of the Group is at Förslöv, Skåne in south of Sweden.