Veidekke ASA: MANDATORY NOTIFICATION OF TRADE

On 5 October 2016 Stiftelsen Veidekkeansattes aksjekjøp (the Veidekke Employee
Share Trust) purchased 100 000 Veidekke shares at a price of NOK 124.00 each.
The Trust now holds 444 490 shares.

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