Selvaag Bolig - Invitation to presentation of results for 2. quarter and 1. half year 2012

Selvaag Bolig ASA will publish its results for the second quarter and first half
year 2012 on Wednesday, 29 August at 07:00 AM CET. The quarterly report and the
presentation materials will be available on the company's homepage,
www.selvaagbolig.no and www.newsweb.no, as well as through news agencies.

CEO Baard Schumann and CFO Haavard Rønning will present the company's results at
08:30 am CET at Hotel Continental, Stortingsgaten 24-26 in Oslo. The
presentation will be held in Norwegian and transferred via live webcast. The
link to the webcast can be found on the company's homepage.

For further information, please contact:

Baard Schumann, CEO Selvaag Bolig
Phone: +47 940 80 000, e-mail: bas@selvaagbolig.no



Haavard Rønning, CFO Selvaag Bolig
Phone: +47 400 20 019, e-mail: hroe@selvaagbolig.no

About Selvaag Bolig
Selvaag Bolig ASA is a residential developer that provides different housing
concepts to suit aspirations of different households in and around main cities
in Norway and over time in selected cities in Scandinavia. The Company's prime
focus is the Greater Oslo area, Stavanger, Bergen and Stockholm; areas with
large and growing populations. The Company acquires and develops new residential
land plots, and controls the entire value chain from acquisition of the land
plots to the sale and delivery of the residential units. The Company targets a
delivery of 1,500 residential units per year, and has a land portfolio on which
it can develop approximately 9,000 residential units. Selvaag Bolig targets
broad customer groups through the residential living concepts Selvaag Start,
Selvaag Hjem and Selvaag Pluss. The Company is headquartered at Løren in Oslo.

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


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