MANDATORY NOTIFICATION OF TRADE

On 23 March 2012 Stiftelsen Veidekkeansattes aksjekjøp (the Veidekke Employee Share Trust) purchased 15 000 Veidekke shares at a price of NOK 47.50 each. The Trust now holds 444 304 shares.

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