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Shares purchased by employees in 2010

5,661 employees of Veidekke have received offers to purchase between 50 and 2,000 Veidekke shares. 1,745 employees made use of the offer and purchased a total of 1.36 million shares. The purchase price was set at NOK 39.9, which represents the average price in the subscription period 5 - 19 November 2010, less a 20% discount. The shares are subject to a two-year lock-in period.

For years, Veidekke has worked to promote employee co-ownership in the company. This year interest has been considerable, and 1,745 purchasers represent 31% of those who received the offer. Corresponding figures for 2009 and 2008 were 31% and 34%, respectively.

The purchases of primary insiders, as well as new holdings, are attached to this report.

Contact persons:
Assistant Financial Director Christopher M. Bjerke, tel. +47 21 05 80 13 / +47 99 58 18 02, christopher.bjerke@veidekke.no
Communications Director Kai Krüger Henriksen, tel. +47 21 05 77 04 / +47 90 51 93 60, kai.henriksen@veidekke.no

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