Peab constructs a highway section in Bohuslän

Peab constructs a highway section in Bohuslän

Peab has been commissioned to build another stage of the road-extension in the
Norge/Vänerbanan project. This stage streches  between the villages Nol and
Älvängen north of Kungälv. Peab has received the order from BanaVäg i Väst and
the contract is worth SEK 270 million.

BanaVäg i Väst is a joint project between Banverket and Vägverket, the National
Railway and Road associations, that entails building a double track railway and
a four lane road between Gothenburg and Trollhättan, at the same time. 

The commission entails building 3,9 kilometres four lane road, two junctions,
six bridges, rock- and soil shafts, soil reinforcement and reconstruction of
local roads. 

Construction has started and it is estimated to be completed in August 2011.


For additional information, please contact:
Johan Hansson, project manager Peab, +46 733 373632
Gösta Sjöström, CIO, Peab +46 733 371010


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


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 May 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.