The trades were in accord with the company's incentive programmes approved by the extraordinary general meeting of 6 October 2015.

The shares had a purchace price of NOK 25.27 and NOK 24.50 per share respectively. The employees were given a compensation on the purchase price of 30 and 20% respectively for the decrease in share value resulting from the lock-up periods.

The price for the shares sold was NOK 24.12 per share.

The shares will be transferred from the company's holding of treasury shares. After the transaction, Selvaag Bolig owns 44 106 treasury shares.

	Original holding	Share purchase programme	Share saving programme	Sold	New holding
Baard Schumann, CEO	64 748	143 931	2 551	0	211 230
Sverre Molvik, CFO	37 250	67 839	2 551	20 250	87 390
Øystein Klungland, vice president portfolio management	10 000	67 839	-	10 000	67 839
Halvard Kverne. vice president portfolio management	6 250	67 839	2 551	6 250	70 390
Kristoffer Gregersen, vice president communications	5 000	16 960	2 551	5 000	19 511
Bård Teigland, vice president sales and marketing	15 000	16 960	2 551	15 000	19 511
Petter Cedell, vice president property investment	656	5 653	-	0	6 309
Christian Flølo Geithus, vice president portfolio management	-	13 568	2 551	0	16 119

Further information from
Baard Schumann, CEO, Selvaag Bolig ASA
Telephone: +47 940 80 000, e-mail: bs@selvaagbolig.no

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