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Peab to Reconstruct Student Home Extension at Chalmers University

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Feb 26 2010

Peab (STO:PEABB) has been contracted one carry out a complete rebuild and expansion of student home Emilsborg at Chalmers University in Gothenburg. The work, which is a turnkey contract in collaboration, consists of the renovation of 318 existing apartments and build on the house with two more floors with 96 new apartments. The customer is Chalmers University students and the contract amounts to SEK 124 million.

The start of construction work in May 2010 and the end of occupation is estimated at January 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 9.00 a.m. on 25 February 2010.

Source: http://www.peab.com/

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