Veidekke ASA: To resurface runway at Avinor Oslo Airport

Avinor has awarded Veidekke the contract to resurface the eastern runway at Oslo
Airport this summer. In addition, the contract includes extending the shoulders
of the runway. The value of the contract is NOK 135 million excluding VAT.
The contract includes removing the existing asphalt surface and laying a new
surface 45 metres wide at a length of 2,380 metres. This will amount to
approximately 70,000 tons of asphalt that also includes existing exits from the
runway to taxiways. In addition, the shoulders shall be extended to operate
large aircraft and improve safety.

Veidekke won the competition for the contract in accordance with award criteria
that included price, expertise and quality. It will be a very hectic
construction period as much of the work will be carried out as weekend and night
work to reduce disadvantages to the airport's operation.

Veidekke has had continuous asphalt and construction work at Oslo Airport since
2014, and is currently involved in construction work for the extension of the
non-Schengen area. Planning of the work starts immediately, and construction
work starts after Easter.

For more information, contact:
Executive Vice President Øivind Larsen of Veidekke Anlegg, tel. +47 90 58 23 51,
oivind.larsen@veidekke.no
Communications Manager Helge Dieset, Veidekke, tel. +47 90 55 33 22,
helge.dieset@veidekke.no
Communications Manager Joachim Westher Andersen at Oslo Airport, tel. +47 41 00
44 55, jwa@avinor.no

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Veidekke is one of Scandinavia's largest construction and property development
companies. The company undertakes all types of building construction and civil
engineering contracts, develops residential projects, maintains roads, and
produces asphalt and aggregates. The company is known for its involvement and
local knowledge. Revenue is almost NOK 32 billion, and half of the 8600
employees own shares in the company. Veidekke is listed on the Oslo Stock
Exchange and has always posted a profit since it was founded in 1936.