Peab to build a motorway part near Skara

Peab to build a motorway part near Skara

Peab has been contracted to extend road 49 between Skara and Axvall in
Västergötland, to motorway. The National Road Administration is the client and
the contract amounts to SEK 148 million.

The present road, with a length of 6.1 kilometres, will be broaden with two
driving lanes and in this manner become a motorway. The contract also includes
building four bridges and three traffic places.

The work will begin in November 2007 and it is estimated to be ready for use in
October 2010.


For additional information, please contact:
John-Erik Fredriksson, project manager Peab + 46 733 373670
Gösta Sjöström, information manager Peab + 46 733 371010



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

This is the type of information that Peab AB is obligated to disclose in
accordance with the Swedish Securities Exchange and Clearing Operations Act
and/or the Financial Instruments Trading Act.


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.