Veidekke ASA: MANDATORY NOTIFICATION OF TRADE

On 13 December 2016 Stiftelsen Veidekkeansattes aksjekjøp (the Veidekke Employee
Share Trust) purchased 4 209 Veidekke shares at a price of NOK 124.00 each. The
Trust now holds 58 607 shares.

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