MANDATORY NOTIFICATION OF TRADE

On 22 March 2012 Stiftelsen Veidekkeansattes aksjekjøp (the Veidekke Employee Share Trust) purchased 10 000 Veidekke shares at a price of NOK 47.0692 each. The Trust now holds 426 942 shares.

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