MANDATORY NOTIFICATION OF TRADE

On 5 November 2010 Stiftelsen Veidekkeansattes aksjekjøp (the Veidekke Employee Share Trust) purchased 25 000 Veidekke shares at a price of NOK 49.16 each. The Trust now holds 578 582 Veidekke shares.

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)