MANDATORY NOTIFICATION OF TRADE

On 15 May 2012 Stiftelsen Veidekkeansattes aksjekjøp (the Veidekke Employee Share Trust) purchased 3 302 Veidekke shares at a price of NOK 41.90 each. The Trust now holds 581 733 shares.

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