MANDATORY NOTIFICATION OF TRADE

On 29 August 2011 Stiftelsen Veidekkeansattes aksjekjøp (the Veidekke Employee Share Trust) purchased 8 412 Veidekke shares at a price of NOK 39.90 each. The Trust now holds 470 641 shares.

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