MANDATORY NOTIFICATION OF TRADE

On 9 March 2011 Stiftelsen Veidekkeansattes aksjekjøp (the Veidekke Employee
Share Trust) purchased 100 000 Veidekke shares at a price of NOK 49.9671 each.
The Trust now holds 443 057 shares.
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.



[HUG#1495937]