Peab increases capacity at Nordby Köpcenter in Stömstad

Peab increases capacity at Nordby Köpcenter in Stömstad

Peab has been commissioned to build a large extension to the shopping mall
Nordby Köpcenter  in Strömstad. Peab received the order from the Norwegian Olav
Thon Group together with the Orvelin Group from Strömstad and the value of the
contract is SEK 350 million. Nordby Köpcenter is the third major project the
Olav Thon Group has awarded to Peab.

The commission is a total contract to build 30.000 square metres shop space and
40.000 square metres parking space. Construction has begun and is expected to be
ready for inauguration on 1 June 2009.

For additional information, please contact:
Nils Staffansson, Region Manager Peab +46 733 373200
Gösta Sjöström, CIO, Peab +46 733 371010


Previous press releases from Peab are available at www.peab.com

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 10.01 am on 19 February 2008


Peab is one of the leading construction and civil engineering companies in the
Nordic countries with a net sale exceeding SEK 30 billion and approximately
12,000 employees. The Group's subsidiaries have strategically located offices in
Sweden, Norway and Finland. The share is listed on the Nordic Exchange. The
registered office of the Group is at Förslöv, Skåne in south of Sweden.