MANDATORY NOTIFICATION OF TRADE

On 5 May 2011 Stiftelsen Veidekkeansattes aksjekjøp (the Veidekke Employee Share Trust) purchased 78 200 Veidekke shares at a price of NOK 50.9739 each. The Trust now holds 591 867 shares.

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