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MANDATORY NOTIFICATION OF TRADE

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On 15 November 2010 Stiftelsen Veidekkeansattes aksjekjøp (the Veidekke Employee Share Trust) purchased 40 829 Veidekke shares at a price of NOK 49.9196 each. The Trust now holds 842 851 Veidekke shares.

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)

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