MANDATORY NOTIFICATION OF TRADE

On 12 January 2011 Stiftelsen Veidekkeansattes aksjekjøp (the Veidekke Employee
Share Trust) purchased 8 288 Veidekke shares at a price of NOK 51.00 each. The
Trust now holds 229 060 shares.

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


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