Most of the contract volume comes from Oslo and neighbouring areas, and will be handled by the company Wilhelmsen & Sønner A/S, which is situated in Oslo. This company is wholly owned by Veidekke Gjenvinning.

In parts of the country where Veidekke Gjenvinning has no facilities of their own, the contract will be handled in cooperation with Retura A/S.

"Veidekke Gjenvinning is one of two market players in Norway that can offer their customers nationwide waste management, "says Managing Director Ole Skytterholm, Veidekke Gjenvinning AS. "This is an important contract, as many customers want competition in this field," he adds.

Through this contract Veidekke Gjenvinning will increase its competitive powers and nationwide position substantially.

Veidekke Gjenvinning AS had its first year of operation in 1999. Through acquisitions or new establishments of as many as 23 companies, Veidekke Gjenvinning has reached an annual turnover of approximately NOK 350 million. Today, the company is a market leader within the fields of heavy building waste and industrial waste as well as waste product development.

For further information, please contact:

Managing Director Ole Skytterholm, Veidekke Gjenvinning AS,

mobile phone +47 916 65 743

Managing Director Egil Lorentzen, Wilhelmsen & Sønner A/S,

mobile phone + 47 970 51 400

Senior Vice President Communication Kai Krüger Henriksen, Veidekke ASA,

mobile phone + 47 905 19 360