MANDATORY NOTIFICATION OF TRADE

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On 10 May 2011 Stiftelsen Veidekkeansattes aksjekjøp (the Veidekke Employee Share Trust) purchased 124 048 Veidekke shares at a price of NOK 51.9937 each. The Trust now holds 899 000 shares. 

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

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