Veidekke ASA: MANDATORY NOTIFICATION OF TRADE

On 3 October 2016 Stiftelsen Veidekkeansattes aksjekjøp (the Veidekke Employee
Share Trust) purchased 3 787 Veidekke shares at a price of NOK 122.50 each. The
Trust now holds 316 805 shares.

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