Selvaag Bolig ASA: Notifiable trades for primary insiders

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The following primary insiders acquired a total of 580 050 Selvaag Bolig shares and sold a total of 17 000 Selvaag Bolig shares on 15 February.

The trades were in accord with the company's share purchase and share saving programmes.

The shares had a purchase price of NOK 34.76 and NOK 40.10 per share respectively. The employees were given a compensation on the purchase price of 30 and 20 per cent respectively for the decrease in share value resulting from the lock-up periods of 3 and 2 years respectively.

The price for the shares sold was NOK 39.70 per share.

The shares will be transferred from the company's holding of treasury shares. After the transaction, Selvaag Bolig owns 521 319 treasury shares.

Number of shares:

  Original holding Share purchase programme Share saving programme Sold  New holding
Baard Schumann, CEO 211 230 268 148 1 559 0 480 937
Sverre Molvik, CFO 87 390  82 191 1 559 -17 000 154 140
Halvard Kverne,
vice president portfolio management
70 390 82 191 1 559 0 154 140
Øystein Klungland,
vice president portfolio management
67 839 82 191 0 0 150 030
Kristoffer Gregersen,
vice president communications
19 511 49 315 1 559 0 70 385
Petter Cedell,
vice president property investment
6 309 8 219 1 559 0 16 087

Further information from 
Sverre Molvik, CFO, Selvaag Bolig ASA
Telephone: +47 401 00 585, e-mail: smo@selvaagbolig.no

Selvaag Bolig ASA is a residential property developer controlling the entire value chain from acquisition of land to sale of homes. The company has several thousand homes under development at any given time, and focuses on the growth areas in and around Greater Oslo, Bergen, Stavanger and Trondheim. Selvaag Bolig represents a continuation of Selvaag's 60-year history and experience, and offers a broad variety of property types marketed under the brand names Start, Hjem and Pluss. The company is headquartered at Ullern in Oslo.

www.selvaagboligasa.no/en

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