MANDATORY NOTIFICATION OF TRADE

On 16 May 2012 Stiftelsen Veidekkeansattes aksjekjøp (the Veidekke Employee Share Trust) purchased 2 675 Veidekke shares at a price of NOK 42.50 each. The Trust now holds 591 358 shares.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.