MANDATORY NOTIFICATION OF TRADE

On 29 February 2012 Stiftelsen Veidekkeansattes aksjekjøp (the Veidekke Employee Share Trust) purchased 15 000 Veidekke shares at a price of NOK 45.00 each. The Trust now holds 241 353 shares.

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