Following the accident in the Hanekleiv tunnel on 28 May, Veidekke has had to relocate its repair crew to other parts of the tunnel while the police and Labour Inspection Authority carry out their investigations. All things considered, the condition of the two injured workers is good: "They got a terrible fright, but fortunately it looks as if they escaped any serious injury," says Veidekke ASA's public relations officer, Helge Dieset.

While the technical and tactical investigations are taking place, Veidekke and the Public Roads Administration are going over the routines once more in order to ensure that nothing like this can happen again.

"It is too early to say what the accident will mean for the completion of the repair work. We hope of course that the road can be opened again on 6 July as planned. There is no reason at the moment to expect any delay, but the investigations will have to be completed and the routines reviewed by the police and the inspectors," Mr. Dieset concludes.

For further information, please contact:

Executive Vice President, Communication, Kai Krüger, mobile telephone +47 90519360

Public Relations Officer Helge Dieset, mobile telephone +47 90553322

VEIDEKKE ASA

Veidekke ASA is a leading Scandinavian building contractor and property developer with 6,350 employees and an annual turnover of NOK 16.4 billion (2006). Veidekke is listed on the Oslo Stock Exchange. It has a wide group of shareholders and 14 % of the shares are held by the company's employees. The company's activities cover a large range of building and construction contracts, development of housing and commercial projects for private and public customers, asphalt operations and road maintenance, and collection and recycling of waste.