MANDATORY NOTIFICATION OF TRADE

On 16 November 2010 Stiftelsen Veidekkeansattes aksjekjøp (the Veidekke Employee Share Trust) purchased 93 580 Veidekke shares at a price of NOK 49.20 each. The Trust now holds 942 796 Veidekke shares.

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