Peab gets transport tasks of LKAB

Peab gets transport tasks of LKAB  

Peab's subsidiary Cliffton has been contracted to provide for the
loading, transport and reception of raw ore and waste rock in
Svappavaara. Client is LKAB and the contract amounts to SEK 150 million.
Demand for iron ore products is very much out on the world market. LKAB
has decided to commence the mining of iron ore (magnetite) deposit from
Gruvberget in Svappavaara.
Cliff's mission includes managing about 14 million tonnes of ore / waste
rock. The agreement covers the period from May 2010 to September 2013.
For further information, please contact:
Peter Engström, production manager Cliffton, +46 706 770917
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 11 a. m. on 25 May
2010.
 
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www.peab.com (http://www.peab.com/)