Peab acquire Siljan Anlaggning

Foersloev, SWEDEN


FOERSLOEV, Sweden, Feb. 13, 2004 (PRIMEZONE) -- Peab has February 13, 2004-02-13 acquired all shares in private-owned Siljan Anlaggning AB in the community of Orsa in Dalecarlia. The turnover of Siljan Anlaggning for the year 2003 amounts approximately SEK 75 million and the company has around 30 employees.

"This acquisition strengthens our capacity concerning civil engineering in Central Sweden. Siljan Anlaggning has a considerable competence and a great experience of the civil engineering market in Dalecarlia," said Peabs executive vice president Mats O Paulsson.


For further information contact:
Mats O Paulsson, executive vice president Peab 
+46 733 37 10 05 

Gosta Sjostrom, information manager Peab 
+46 73337 10 10

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

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The following files are available for download:

http://www.waymaker.net/bitonline/2004/02/13/20040213BIT00420/wkr0001.doc

http://www.waymaker.net/bitonline/2004/02/13/20040213BIT00420/wkr0002.pdf