Peab AB (publ) follows through on the offer to the shareholders of Annehem Fastigheter and extends the registration period

Peab AB (publ) follows through on the offer to the shareholders of Annehem
Fastigheter and extends the registration period

•Peab now possesses 97.8 percent of the votes and capital in Annehem Fastigheter
•The registration period is extended to 19 August 2009
•Peab intends to shortly call for compulsory purchase 


Peab AB (publ) (“Peab”) follows through on the offer to the shareholders of
Annehem Fastigheter AB (publ) (“Annehem Fastigheter”) and extends the
registration period.

At the end of the registration period on 18 June 2009 11,252,834 shares had been
tendered to the offer, which corresponds to 90.9 percent of the votes and
capital in Annehem Fastigheter. Of the shareholders who have accepted the offer,
those representing 93.3 percent of shares tendered to the offer have chosen to
receive shares in Peab as payment. Peab's holding in Annehem Fastigheter is a
total of 12,102,834 shares, which corresponds to 97.8 percent of the votes and
capital. Peab has not purchased any shares in Annehem Fastigheter outside of the
offer and therefore does not own any other shares in Annehem Fastigheter except
those tendered to the offer and those owned at the time the offer was made
public. At this point Peab has chosen to follow through on its offer to
shareholders in Annehem Fastigheter. All the follow through terms in the offer
document have been met.

The registration period has been extended to 19 August 2009 in order to make it
possible for shareholders that have not yet done so to participate in the offer.
Those who choose not to accept the offer should note that liquidity in Annehem
Fastigheter will be extremely limited in the future. Since Peab holds more than
more than 90 percent of the shares in Annehem Fastigheter, Peab will shortly
request compulsory purchase of the rest of the shares in Annehem Fastigheter as
well as move to unlist the Annehem Fastigheter share on the NASDAQ OMX First
North. 

For those who have accepted the offer during the normal registration period
reporting settlement will take place according to previous communications, in
other words around 1 July 2009. For those who accept the offer under the
extension reporting settlement will take place around 1 September 2009.

On 14 May 2009 Peab's Annual General Meeting gave the Board authorisation to,
for the period until the next Annual General Meeting, transfer, at the most, all
own shares the company holds at any particular time. Based on this authorisation
Peab's Board has on 24 June 2009 decided to transfer 7,762,296 B shares to the
shareholders in Annehem Fastigheter which have accepted the offer and as payment
chosen to receive shares in Peab. According to the terms of the offer Peab will
transfer 0.6946 Peab B shares for each share Peab acquires in Annehem
Fastigheter. After the transfer Peab's holding of own shares will amount to
5,054,504 B shares corresponding to 1.7 percent of the number of registered
shares, which are in total 296,049,730.	

For more information please see the prospectus which was made public on 14 May
2009 and the supplementary prospectus made public on 20 May 2009 and which are
available electronically at www.fi.se, www.peab.se and www.swedbank.se/prospekt.
These are only available in Swedish.

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
13,000 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.