MANDATORY NOTIFICATION OF TRADE

On 18 November 2010 Stiftelsen Veidekkeansattes aksjekjøp (the Veidekke Employee
Share Trust) purchased 115 000 Veidekke shares at a price of NOK 49.00 each. The
Trust now holds 1 166 156 Veidekke shares.

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


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