MANDATORY NOTIFICATION OF TRADE

On 14 November 2011 Stiftelsen Veidekkeansattes aksjekjøp (the Veidekke Employee
Share Trust) purchased 65 014 Veidekke shares at a price of NOK 39.4923 each.
The Trust now holds 1 110 650 shares.

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


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