Peab extends the port of Gävle


Peab extends the port of Gävle 

Peab has been contracted to implement the expansion of the port of Gävle. The
customer is Gävle Hamn AB. The budget for the project as a whole is 870 million
and Peab's share amounts to approximately SEK 500 million. 

Peab's mission is a partnering contract with the start of construction this year
and is expected to last until 2015. The work includes dredging and stabilization
of dredge spoil and other port activities. 

  - Gävle port has had a significant expansion in recent years. Now, the
establishment must be adapted to the growth in activity. I'm pleased that we at
Peab have been partnering this mission, "says Anders Jonasson Peab's Regional
Manager in a statement. 



For further information, please contact:
Anders Jonasson, region manager Peab +46 733 371800
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 10.00 a.m. on 1 October 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
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.

Attachments

09302193.pdf