MANDATORY NOTIFICATION OF TRADE

On 17 November 2010 Stiftelsen Veidekkeansattes aksjekjøp (the Veidekke Employee
Share Trust) purchased 103 080 Veidekke shares at a price of NOK 48.9936 each.
The Trust now holds 1 045 816 Veidekke shares.

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


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