Göte Brännvall leaves Peab's Executive Management

Göte Brännvall leaves Peab's Executive Management

Göte Brännvall, 62, has decided to leave Peab's Executive Management on 1
September 2008. Göte will continue to work in the Group as a Senior Advisor.
Göte Brännvall came to Peab 1991 in connection with Peab's acquisition of
Hallström & Nisses, where he had been employed since 1969.

Peab's Executive Management will thereafter consist of Mats Paulsson, Jan
Johansson, Mats Leifland, Anders Elfner, Mats Johansson and Jesper Göransson.

  “Göte has through his sound knowledge and large experience significantly
contributed to building up Peab into the company it is today. I am happy that he
now prefers to stay in our group in an advisory role, which will be very useful
for Peab in the future”, says Peab's CEO Mats Paulsson.

For further information, please contact:
Mats Paulsson, CEO Peab +46 733 371000
Gösta Sjöström, CIO Peab +46 733 371010


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

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 7.30 p.m. on 26 August 2008.


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.