MANDATORY NOTIFICATION OF TRADE

On 17 November 2010 Stiftelsen Veidekkeansattes aksjekjøp (the Veidekke Employee Share Trust) purchased 103 080 Veidekke shares at a price of NOK 48.9936 each. The Trust now holds 1 045 816 Veidekke shares.

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)