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Peab Wins Contract to Construct Highway Stage on Gothenburg-Trollhättan Route

Peab (STO:PEABB) has been contracted to build a highway stage between Älvängen-Ramstorp on the E45 from Gothenburg to Trollhättan.

The customer is the Swedish Transport Administration and the contract amounts to SEK 218 million.

The contract includes the construction of 4.7 km highway, including two interchanges, three bridges, four km local road and one kilometer private road.

Work will begin immediately and is expected to be ready for opening during the autumn 2012.

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 10.00 am on 11 November 2010.

Source: http://www.peab.com

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