Peab builds a dam for LKAB in Kiruna

Peab builds a dam for LKAB in Kiruna 

Peab has been contracted to build a new dam in Kiruna. The customer is LKAB and
the contract amounts to SEK 185 million. 

The routes of the existing railway line through Kiruna have changed, and
therefore the future landfill capacity will be ensured by the construction of a
new dam, in the context of the new railway line. 

The work, which the majority consists of cut and fill of sand and crushed rock,
will begin in spring 2010 and is expected to be completed in September 2011.

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 a m. on 10 May 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.