MANDATORY NOTIFICATION OF TRADE

On 11 May 2011 Stiftelsen Veidekkeansattes aksjekjøp (the Veidekke Employee Share Trust) purchased 101 000 Veidekke shares at a price of NOK 51.9767 each. The Trust now holds 1 023 756 shares. 

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