Peab rebuilds a mall in Örebro

Peab rebuilds a mall in Örebro

Peab's subsidiary Nybyggarna i Nerike, NBA, has been commissioned to carry
through the rebuilding of the Träffpunkt mall in central Örebro. The customer is
Alecta  pensionsförsäkring, ömsesidigt Aberdeen Property Investors Nordic AB and
the contract amounts to SEK 130 million.

The trade area will increase by 50 per cent, through an existing parking deck
will be rebuilt. It is a partnering contract where work has begun and it is
estimated to be ready during the autumn 2010.

For additional information, please contact:
Jonny Åkerström, project manager NBA +46 70 440 8666
Gösta Sjöström, CIO, Peab +46 733 371010


This information is such that Peab AB is obliged to publish in accordance with
Swedish law regarding the securities market and/or the Financial Instruments
Trading Act or has itself chosen to publish. The information was submitted for
publication at 11:00 a.m. on 23 October 2008.

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


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.