MANDATORY NOTIFICATION OF TRADE

On 8 November 2011 Stiftelsen Veidekkeansattes aksjekjøp (the Veidekke Employee Share Trust) purchased 19 040 Veidekke shares at a price of NOK 38.9602 each. The Trust now holds 578 068 shares.

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