MANDATORY NOTIFICATION OF TRADE

On 29 June 2011 Stiftelsen Veidekkeansattes aksjekjøp (the Veidekke Employee Share Trust) purchased 836 Veidekke shares at a price of NOK 46.50 each. The Trust now holds 362 844 shares.

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