MANDATORY NOTIFICATION OF TRADE

On 16 August 2011 Stiftelsen Veidekkeansattes aksjekjøp (the Veidekke Employee Share Trust) purchased 20 000 Veidekke shares at a price of NOK 41.5454 each. The Trust now holds 414 929 shares.

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)