Notice regarding Northland Resources

As a result of the sharp decline in the price of iron ore Northland Resources
today announced that they intend to halt operations indefinitely. The purpose of
this measure is in anticipation of an improved market environment, create time
to continue to work to secure a long-term funding and to complete discussions
with financial as well as industrial investors.
- For this reason, we will initiate a dialogue with Northland to clarify how
this will affect the agreement between the parties relating to the
transportation of iron ore concentrate by truck. Based on this, we will then
take steps to minimize the costs of managing personnel and trucks, says Peab’s
President and CEO Jesper Göransson.
Peab's overall risk exposure in the balance sheet is unchanged at SEK 260
million and consists of outstanding unsecured receivables covered by the first
reorganization plan (reclassified to non-current interest-bearing receivables)
and bonds secured by collateral.

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 on 7 October 2014 at 9.20 p. m.

For further information, please contact:

Niclas Winkvist, CFO Peab 46 733 847500
Peab is the Nordic Community Builder with some 13,000 employees and net sales
exceeding SEK 40 billion. 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.