MANDATORY NOTIFICATION OF TRADE

On 9 November 2011 Stiftelsen Veidekkeansattes aksjekjøp (the Veidekke Employee Share Trust) purchased 309 208 Veidekke shares at a price of NOK 39.4916 each. The Trust now holds 897 576 shares.

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