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Selvaag Bolig ASA: Purchase of treasury shares

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Selvaag Bolig ASA purchased 60 000 treasury shares on 15 March 2016. The shares were purchased at an average price of NOK 24.95. The shares were purchased for the company's share programmes for employees.

After the transaction, Selvaag Bolig owns 177 188 treasury shares.

For mer informasjon:
Sverre Molvik, CFO, Selvaag Bolig ASA
Telefon: +47 401 00 585, e-post: 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 of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.