Peab starts share repurchases

Peab starts share repurchases

On May 14, 2009 the Annual General Meeting authorised the Board of Peab to
repurchase, before the next Annual General Meeting, at the most the number of
shares in Peab AB so that the company will have a maximum holding of 10 percent
of the registered shares.  

Based on the AGM authorisation Peab's Board has today decided to acquire, at the
most, an additional 2,000,000 B shares. The shares will be acquired on the
NASDAQ OMX Stockholm at the trading rate valid on the date of purchase.

Peab's current shareholding is 4,906,220 B shares, which corresponds to 1.66
percent of the number of registered shares. The total number of outstanding
shares in Peab is 296,049,730.

The purpose of the repurchase is in part to regulate the company's capital
structure, in part to finance acquisitions and such like or, according to the
decision of the Annual General Meeting, to keep the number of shares unchanged
if and when convertible debentures issued in December 2007 are converted.
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For additional information, please contact:
Jesper Göransson, Deputy MD Peab +46 733 371013
Gösta Sjöström, CIO, Peab +46 733 371010


This information is such that Peab AB is obliged to publish in accordance with
Swedish law regarding the securities market and/or the Financial Instruments
Trading Act or has itself chosen to publish. The information was submitted for
publication at 08:30 a.m. on 17 February 2010.

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.