Peab builds a double track in Östergötland

Peab builds a double track in Östergötland

Peab has been commissioned to build another section of the railway extension of
the Motala - Mjölby line in Östergötland. This section stretches from Skänninge
to Fogelsta. Peab received the order from the National Rail Administration and
the contract is worth SEK 105 million.

The commission includes broadening seven kilometres of railway into double track
and building three railway bridges and two road bridges. Train traffic will be
closed down on two occasions; once in the summer of 2008 and once in the summer
of 2009.

The work has already begun and is expected to be completed in May 2009.

For further information, please contact:
Curt Brommé, Project Manager Peab +46 733 375814
Gösta Sjöström, C I O Peab +46 733 371010



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 11:00 a.m. on 4 July, 2008.

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


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.