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MANDATORY NOTIFICATION OF TRADE

On 12 May 2011 Stiftelsen Veidekkeansattes aksjekjøp (the Veidekke Employee Share Trust) purchased 335 021 Veidekke shares at a price of NOK 51.9858 each. The Trust now holds 1 365 373 shares. 

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