Peab to build flats in Malmo


Peab to build flats in Malmo

Peab has been contracted to build 80 new flats at Dockan in Malmo. JM is the
client and the contract amounts to SEK 147 million. The work will begin in
November and it is estimated to be ready for moving in during June 2009. 

Dockan is the old Kockum shipyard at the west harbour docklands in Malmo. In
this area has Peab built 470 flats the resent years with JM as client in
different housing cooperatives, next to the nowadays water filled dry dock.


For additional information, please contact:
Stefan Rosenlöf, project manager Peab + 46 733 374168
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.

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