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MANDATORY NOTIFICATION OF TRADE

On 11 November 2010 Stiftelsen Veidekkeansattes aksjekjøp (the Veidekke Employee Share Trust) purchased 100 000 Veidekke shares at a price of NOK 50.00 each. The Trust now holds 795 672 Veidekke shares.

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